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Dec 23, 2025
Budget Basics: What Is the Child Tax Credit?
The CTC provides assistance to families with children, and while it represents a relatively modest part of overall government spending, it is one of the largest tax expenditures.
Nov 18, 2025
What Is the Disaster Relief Fund?
Natural disasters are becoming increasingly frequent, endangering lives and extracting a significant fiscal and economic cost.
Nov 13, 2025
Trussing the Big Beautiful U.S. Dollar
“We are in the middle of a very dangerous experiment with the U.S. dollar, and with the international monetary system, whose fundamental driver is a fiscal gamble, perhaps brave, perhaps foolhardy,” writes Harold James.
Nov 13, 2025
The Debt Crisis and American National Security
“The United States is already in a crisis, one that will only grow more acute if action is not taken,” write Richard Haass and Carolyn Kissane.
Nov 14, 2025
How Much Does the Government Spend on International Affairs?
Federal spending for international affairs, which supports American diplomacy and development aid, is a small portion of the U.S. budget.
Mar 9, 2026
Issues: Individual Taxes
Individual taxes are the largest source of revenues for the federal government. Learn about tax reform policy options for a stronger fiscal outlook.
Mar 18, 2026
National Debt Clock
What is the total national debt? What is the debt per person? See the latest numbers and learn more about the causes of our high and rising debt.
Jul 31, 2024
Why Have Federal Deficits Soared Over the Past Two Decades?
The widening budget deficit is attributable to both a decline in revenues and an increase in spending.
Dec 19, 2025
What Are the Economic Costs of Child Poverty?
Child poverty is higher in the United States than in other wealthy countries. Studies show that it has quantifiable economic costs.