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Take our quiz to see how much you really know about how revenues are collected and federal funds are spent.
CBO projects that if current laws remain in place, federal debt will rise to 144 percent of gross domestic product (GDP) within 30 years – far exceeding its all-time high, and nearly doubling today’s level.
Every year the Social Security and Medicare Boards of Trustees issue reports on the fiscal health of these vital programs.
The report anticipates that in 2020 — for the first time since 1982 — the program’s total costs will exceed its total income.
Medicare faces significant financial challenges in future years because of rising healthcare spending and an aging population.
The Morning Money Breakfast Briefings feature informed commentary and discussion to reinforce the connections between the nation’s long-term fiscal challenges and the most pressing economic policy issues of the day.
How does a solid fiscal foundation help support a growing, thriving economy?
A new campaign from the Peter G. Peterson Foundation, highlighting the key opportunity lawmakers have to address our nation’s unsustainable long-term debt in order to help ensure more economic growth, now and in the future.
This interactive map shows Medicare spending per beneficiary, which varies significantly across the U.S.