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National Debt Projected to Hit 175% GDP; Interest Totals $99 Trillion

Compared with the previous 30-year projections, spending will be higher, revenues lower, interest rates and interest payments elevated, and the national debt significantly larger.

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.

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.

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.

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.