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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.

What Are Estate and Gift Taxes and How Do They Work?

Estate and gift taxes produce relatively lower revenue compared to other sources, but they generate a significant amount of attention, and even controversy.

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.

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.

The Six Largest Corporate Tax Expenditures

Relative to the size of the economy, the U.S. collects less revenues than many other advanced countries. Tax breaks are a contributing reason.

Federal Healthcare Costs on Track to Reach $3.1 Trillion by 2036

Federal healthcare programs are among the fastest-growing drivers of federal spending, and their continued growth will put significant upward pressure on the national debt.

Engaging Young Americans

We educate and empower young Americans to become advocates for our country’s economic and fiscal outlook.