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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.

Four Reasons Why a Government Shutdown Is Harmful

It may be counterintuitive, but government shutdowns are expensive. They are also bad for the economy.

Eight Key Charts on Tax Breaks

The cost of tax breaks was greater than the size of the deficit in 2025. Learn more key takeaways from the Joint Committee on Taxation’s latest report.

No Taxes on Tips Will Drive Deficits Higher

Here’s how this new, temporary deduction will affect federal revenues, budget deficits, and tax equity.

How Did the One Big Beautiful Bill Act Change Healthcare Policy?

The OBBBA adds significantly to the nation’s debt, but its healthcare provisions lessen that impact by $1.0 trillion.

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.

What Is the Premium Tax Credit?

The premium tax credit reduces the cost of health insurance for millions of Americans. It is also one of the largest federal tax expenditures.

What Are the Economic Costs of Child Poverty?

Child poverty is higher in the United States than in other wealthy countries. Studies show that it has quantifiable economic costs.