Search Results: site/Issues%20Fiscal%20Outlook%202011%2001%2020%20PGPF%20Announces%20Grants%20to%20Six%20Institutions%20to%20Develop%20Solutions%20to%20Americas%20Fiscal%20Challenges/page/3/about:blank

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.

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.

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.

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: Higher Borrowing Compared to Last Year 

Key highlights from the most recent Quarterly Refunding include an increase in anticipated borrowing of $249 billion compared to the same period in the previous year.

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.

Issues: Fiscal Outlook

America’s high and rising national debt threatens our economic future. Learn about the drivers of the debt.

Issues: Economic Outlook

A strong fiscal foundation supports economic opportunity and prosperity. Explore the relationship between the national debt and our economic outlook.