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Aug 19, 2025
10 Largest Budget Functions
Here are the top ten spending categories for the federal budget.
Jul 29, 2021
A Year after the Worst Economic Contraction Ever Recorded, Output Returns to Pre-Pandemic Levels
The continued economic recovery, fueled by consumer spending, brought economic output back to its pre-pandemic level.
Oct 4, 2016
Congress Faces Urgent Budgetary To-Do List
Stopgap legislation may keep the government operating in the short term, but lawmakers face more budgetary challenges in the coming weeks and months.
Nov 1, 2021
Delta Variant Slows Economy, But Output Still Better Than Pre-Pandemic Levels
The economy continued to grow in the third quarter of 2021, but at a slightly slower pace than previous quarters due to the delta variant of COVID-19.
Jul 16, 2021
Does Lowering or Raising Corporate Taxes Affect How Businesses Invest in the Economy?
Changes to the U.S. corporate income tax system may influence domestic investment, economic growth, hiring, and how much revenue the federal government raises.
Apr 19, 2019
GAO Warns National Debt Could Be Twice the Size of the Economy in Just 30 Years
Debt held by the public would reach record levels relative to the size of the economy within the next two decades, and possibly as soon as 2032.
Oct 17, 2016
Seven Questions on Debt for the Final Presidential Debate
Here are some important questions that the moderator could ask at the final debate to start the conversation about our nation’s most pressing fiscal concerns.
Apr 29, 2021
The Economy Is Getting Close to Its Pre-Pandemic Level
The continued economic recovery and reopening of businesses has been fueled by COVID relief programs and an accelerating vaccination effort.
Jul 9, 2018
Trustees: Funding Challenges Threaten Medicare’s Future
The Medicare Hospital Insurance Trust Fund will be depleted in 2026, which is three years sooner than was projected in last year’s Trustees report.
Sep 30, 2021
What Is a Carbon Tax? How Would It Affect the Economy?
In light of the growing urgency of the climate crisis, many lawmakers, advocacy groups, and American citizens are calling for the government to undertake policies to more comprehensively address climate change.