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Q4 GDP Continues to Grow, Though at a Much Slower Pace

New data from the Bureau of Economic Analysis (BEA) shows a sharp drop in the rate of economic growth at the end of last year.

How Did the TCJA Affect Corporate Tax Revenues?

For the first few years after TCJA’s enactment, revenues from corporate taxes dropped sharply, but they returned to pre-TCJA levels starting in 2021.

CBO: Recent Budget Deal Will Add $1.7 Trillion to the National Debt over the Next 10 Years

The budget projections released by the Congressional Budget Office (CBO) reaffirm the perilous path of deficits and debt expected over the next decade.

How Much Does the United States Spend on Prescription Drugs Compared to Other Countries?

The U.S. spends twice as much on prescription drugs as other comparatively wealthy nations, on average.

Infographic: President Biden and Congress Face a Range of Complex and Urgent Policy Issues

Putting our economy on a path to recovery continue to be the most pressing priorities for our nation. At the same time, our fiscal outlook has worsened considerably.

As America Enters Era of Trillion-Dollar Deficits, Voters Want Action on the Debt

As the country enters an era of trillion-dollar annual deficits, Americans hold deep concerns about the national debt.

A Path to Economic Prosperity

“The growing federal debt could handcuff our ability to combat the next national or global emergency,” writes Jason J. Fichtner and Shai Akabas.

Debt vs. Deficits: What’s the Difference?

The words debt and deficit come up frequently in debates about policy decisions. The two concepts are similar, but are often confused.

Here’s What a Budget Gimmick Is and How to Spot One

Lawmakers should avoid the use of budget gimmicks, which can hide the true fiscal impact of legislation.

Infographic: Spending on Prescription Drugs Has Been Growing Exponentially

The growing cost of prescription drugs presents a significant challenge to the quality and affordability of healthcare in the United States.