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Subscribe

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  • The Fiscal Challenge
    • Our National Debt

      Understand the U.S. national debt, why it matters, and what we can do.

      Understanding the Federal Budget

      Learn about the budget, how it’s created, and how we can fix our budgeting process.

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  • Issues
      • Fiscal Outlook

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What Types of Securities Does the Treasury Issue?

By briteweb | August 19, 2024

Let’s take a closer look at a few key characteristics of Treasury borrowing that can affect its budgetary cost.

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How Does the U.S. Healthcare System Compare to Other Countries?

By briteweb | August 16, 2024
A pharmacy technician grabs a bottle of drugs off a shelve

Despite higher healthcare spending, America’s health outcomes are not any better than those in other developed countries.

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Solutions for Social Security Sustainability

By amymcleod | August 15, 2024
Elderly couple sitting on a bench.

Right now, Social Security’s finances are in trouble, and without reform the program will be unable to pay out full benefits in about a decade.

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Infographic: The Facts About U.S. Defense Spending

By briteweb | August 12, 2024
Soldier

National security is both a vital priority and a significant part of the federal budget.

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How Much Would It Cost to Make the TCJA Permanent?

By jcurry | June 18, 2024
Internal Revenue Serice Sign

Most of the individual tax provisions and a handful of business provisions in the TCJA are scheduled to expire in the next few years.

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Higher Interest Rates Could Cause the National Debt to Skyrocket

By briteweb | May 29, 2024

Interest rates on U.S. Treasury securities have a significant influence on federal borrowing costs.

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These Tax Expenditures Cost Billions More Than Anticipated — Here’s Why

By briteweb | May 29, 2024
A charging Chevrolet Bolt EV

The growing price tags demonstrate that the ultimate cost of a new tax break can be difficult to anticipate.

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How Did the TCJA Affect Corporate Tax Revenues?

By jcurry | May 13, 2024
Aerial view of New York City skyline at night

For the first few years after TCJA’s enactment, revenues from corporate taxes dropped sharply, but they returned to pre-TCJA levels starting in 2021.

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Budget Basics: National Defense

By briteweb | May 2, 2024
soldiers

The national defense budget funds a wide range of activities and represents a significant share of overall federal spending.

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How Much Does the Government Spend on International Affairs?

By briteweb | April 26, 2024
An aid worker distributes measured portions of yellow lentils

Federal spending for international affairs, which supports American diplomacy and development aid, is a small portion of the U.S. budget.

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