Issues: Social Programs
America’s largest social programs, Social Security and Medicare, are on an unsustainable fiscal path. Learn more about social programs and the national debt.
Read MoreBudget Basics: What Are Budget Rescissions?
Rescission packages can serve as a tool for the lawmakers to manage and control government spending. But, rescission authority has its limits.
Read MoreChart Pack: Economic Outlook
A selection of charts providing an overview of the U.S. economic outlook.
Read MoreHow No Tax on Overtime Will Affect Federal Revenues and Tax Fairness
This new, temporary deduction will cost $90 billion dollars over the next four years, while undermining tax equity and making the tax system more complex.
Read MoreInfographic: 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.
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