Understanding 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.
Read MoreThe Six Largest Corporate Tax Expenditures
Relative to the size of the economy, the U.S. collects less revenues than many other advanced countries. Tax breaks are a contributing reason.
Read MoreWhat’s the Difference Between the Trade Deficit and Budget Deficit?
The terms “budget deficit” and “trade deficit” can be conflated, but they are distinct measurements of important fiscal and economic concepts.
Read MoreUnderstanding the New Senior Deduction in the One Big Beautiful Bill Act
The senior deduction adds complexity to the tax code, and fewer than half of seniors will benefit from it.
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