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Feb 5, 2026
What Are Refundable Tax Credits?
The cost of refundable tax credits has grown over the past several years, with the number and budgetary impact of the credits increasing.
Feb 11, 2026
New Report: National Debt Outlook Gets Worse as Interest Costs Exceed $1 Trillion Annually
A new CBO report shows that the national debt outlook worsened from last year’s projections.
Oct 7, 2025
Engaging Young Americans
We educate and empower young Americans to become advocates for our country’s economic and fiscal outlook.
Nov 13, 2025
Exorbitant Politics? The Future of U.S. Debt and Fiscal Policy
“The United States’ unique position in the global financial system … means that financial and economic crises in the U.S. affect the fortunes of other countries, making fiscal challenges in the U.S. especially relevant,” writes Layna Mosely.
Sep 22, 2020
CBO’s Budget Outlook Shows Pandemic’s Acceleration of U.S. Fiscal Challenges
The latest budget outlook released by CBO is the first to fully capture the budgetary impact of the pandemic.
Oct 3, 2025
How Much Funding Do State and Local Governments Receive from Federal Government?
Over the last four decades, federal grants to state and local governments have made up about 17 percent of their total revenues.
Dec 11, 2025
Quiz: How Much Do You Know About Healthcare in the United States?
The United States has one of the largest and most complex healthcare systems in the world. Take our healthcare quiz to see how much you know about the cost and quality of the U.S. healthcare system.
Dec 10, 2025
The Fed Reduced the Short-Term Rate Again, but Interest Costs Remain High
High interest rates on U.S. Treasury securities increase the federal government’s borrowing costs.
Aug 19, 2025
10 Largest Budget Functions
Here are the top ten spending categories for the federal budget.