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7 Key Trends in Poverty in the United States

Thirteen percent of the U.S. population lives in poverty. Learn more about the demographic and regional variations in the poverty rate.

Issues: Defense Spending

America’s fiscal, economic, and national security are closely linked. Learn more about U.S. defense spending.

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.

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.

What Is Budget Reconciliation?

The reconciliation process avoids the potential need to gather 60 votes to end debate and, therefore, allows the Senate to adopt legislation with a simple majority.

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.

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.

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.

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.

Quarterly Treasury Refunding Statement: Borrowing Up Year Over Year

Key highlights from the most recent Quarterly Refunding include an increase in anticipated borrowing of $158 billion compared to the same period in the previous year.