The United States Collects Less Tax Revenue Than Other G7 Countries
The U.S. collects less tax revenues compared with other G7 countries, and that lower level of revenues is a key driver of the national debt.
Read MoreIssues: Economic Outlook
A strong fiscal foundation supports economic opportunity and prosperity. Explore the relationship between the national debt and our economic outlook.
Read MoreEnergy Tax Policy Under the OBBBA
As part of the OBBBA, lawmakers rolled back existing energy tax incentives in order to partially offset the bill’s deficit impact.
Read MoreUnderstanding the Federal Budget
The federal budget is more than just a set of numbers. Learn about revenues, spending, and the budget process.
Read MoreLawmakers are Running Out of Time to Fix Social Security
Without reform, Social Security could be depleted as early as 2032, with automatic cuts for beneficiaries.
Read MoreChart Pack: Individual Taxes
A selection of key charts on individual income taxes in the United States and how they fit within the federal budget.
Read MoreChart Pack: Corporate Taxes
A selection of key charts on corporate income taxes in the United States and how they fit within the federal budget.
Read MoreChart Pack: Economic Outlook
A selection of charts providing an overview of the U.S. economic outlook.
Read MoreChart Pack: Defense Spending
A selection of key charts on defense spending in the United States.
Read MoreWhat Are Refundable Tax Credits?
The cost of refundable tax credits has grown over the past several years, with the number and budgetary impact of the credits increasing.
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