The Federal Government’s Support for Low-Income Housing Expanded During the Pandemic
The federal government spent $67 billion on housing assistance in 2023, representing just over 1 percent of total federal outlays.
Read MoreWhat Is the Child Tax Credit?
The CTC is designed to make raising children more affordable by easing the financial burden faced by families.
Read MoreHow Much Funding Do State and Local Governments Receive from Federal Government?
Over the last four decades, federal grants to state and local governments have made up about 17 percent of their total revenues.
Read More7 Key Facts About U.S. Healthcare Spending
Healthcare spending in the United States is a key driver of the nation’s fiscal imbalance and has risen notably over the past few decades.
Read MoreInfographic: Spending on Prescription Drugs Has Been Growing Exponentially
The growing cost of prescription drugs presents a significant challenge to the quality and affordability of healthcare in the United States.
Read More10 Largest Budget Functions
Here are the top ten spending categories for the federal budget.
Read MoreBudget Basics: What Is Sequestration?
Sequestration is a budget procedure used by lawmakers to cancel or limit funding in order to meet budget goals.
Read MorePresident’s Budget Would Reduce Deficits by Raising Taxes on the Wealthy and Corporations
While this budget would be a step in the right direction, it does not adequately address the underlying structural imbalance that defines our fiscal outlook.
Read MoreLessons Learned: Setting a Bipartisan Fiscal Commission Up for Success
A group of respected policy experts share their views on how a bipartisan fiscal commission could help break the cycle of governing by crisis.
Read MoreThe Highway Trust Fund Explained
The funding structure of the Highway Trust Fund requires serious, long-term changes, but how to approach reform remains a topic of debate.
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