Infographic: The Facts About U.S. Defense Spending
National security is both a vital priority and a significant part of the federal budget.
Read MoreWhat Is Budget Reconciliation?
The reconciliation process avoids the potential need to gather 60 votes to end debate and, therefore, allows the Senate to adopt legislation with a simple majority.
Read MoreBudget Basics: National Defense
The national defense budget funds a wide range of activities and represents a significant share of overall federal spending.
Read MoreSpending on Veterans in the Budget
This piece examines spending on veterans within the budget and outlines the factors that have pushed it higher in recent years.
Read MoreInfographic: What Is the Debt Ceiling?
Increasing the debt ceiling allows the Treasury to borrow funds to pay for government obligations that have already been incurred as the result of laws and budgets approved by the President and Congress.
Read MoreHow Does Inflation Affect the Federal Budget?
Rising inflation usually prompts higher interest rates, which in turn boost interest paid on the federal debt and thereby increase annual deficits.
Read MoreDebt Ceiling Update: What’s at Stake
If lawmakers do not agree on raising or suspending the debt limit before the extraordinary measures are exhausted, there would be severe consequences.
Read MoreBudget Basics: Federal Trust Funds
Federal trust funds bear little resemblance to their private-sector counterparts.
Read More10 Largest Budget Functions
Here are the top ten spending categories for the federal budget.
Read MoreWhy Are Americans Paying More for Healthcare?
High healthcare spending is not necessarily a bad thing, especially if it leads to better health outcomes. However, that is not the case in the United States.
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