These 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 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.
Read MoreBudget Basics: What Is the Earned Income Tax Credit?
The earned income tax credit (EITC) is a measure administered through the tax code to address poverty.
Read MoreInvesting in Kids Promotes Healthy Children, More Productive Adults, and a Stronger Fiscal Foundation
Research shows that investing in children can produce positive fiscal outcomes for the government.
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