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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.

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.

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.

Solutions for Medicare Sustainability

Seven leading policy organizations put forward proposals to strengthen Medicare’s fiscal outlook while maintaining quality of care.

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.

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.

Budget Basics: Unemployment Insurance Explained

The Unemployment Insurance program is a key counter-cyclical tool to help stabilize the economy and speed recovery during downturns or crises.

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.