9 Facts About Social Security and the Need to Strengthen It
Social Security is an essential program for millions of Americans, but it’s at risk if lawmakers fail to take action to reform the program.
Read MoreSolutions for Social Security Sustainability
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.
Read MoreHow Much Would It Cost to Make the TCJA Permanent?
Most of the individual tax provisions and a handful of business provisions in the TCJA are scheduled to expire in the next few years.
Read MoreHigher Interest Rates Could Cause the National Debt to Skyrocket
Interest rates on U.S. Treasury securities have a significant influence on federal borrowing costs.
Read MoreThese Tax Expenditures Cost Billions More Than Anticipated — Here’s Why
The growing price tags demonstrate that the ultimate cost of a new tax break can be difficult to anticipate.
Read MoreHow Did the TCJA Affect Corporate Tax Revenues?
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.
Read MoreThe 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 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 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 More