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Subscribe

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  • The Fiscal Challenge
    • Our National Debt

      Understand the U.S. national debt, why it matters, and what we can do.

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      Learn about the budget, how it’s created, and how we can fix our budgeting process.

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  • Issues
      • Fiscal Outlook

      • The U.S. Budget

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      • Corporate Taxes

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      • Social Programs

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      • Economic Outlook

      • See all Issues

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      • Engaging Young Americans

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Chart Pack: Corporate Taxes

By briteweb | February 4, 2025
Chart Packs

A selection of key charts on corporate income taxes in the United States and how they fit within the federal budget.

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What Is the Primary Deficit?

By briteweb | February 3, 2025

The primary deficit is the difference between government revenues and spending, excluding interest payments. Learn more about the U.S. primary deficit.

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What Are Automatic Stabilizers and How Do They Affect the Federal Budget?

By briteweb | February 3, 2025
People receive food at a weekly distribution

To better respond to business cycle fluctuations, many important programs in the federal budget automatically adjust spending based on economic conditions.

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Chart Pack: Individual Taxes

By briteweb | February 3, 2025
Chart Packs

A selection of key charts on individual income taxes in the United States and how they fit within the federal budget.

Read More

Eight of the Largest Tax Breaks Explained

By briteweb | January 31, 2025
IRS Building in Washington

Tax breaks totaled over $1.9 trillion in 2024. That’s more than the government spends on Social Security, defense, or Medicare and Medicaid.

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Debt Ceiling Update: What’s at Stake

By briteweb | January 22, 2025
U.S. Department of Treasury building

If lawmakers do not agree on raising or suspending the debt limit before the extraordinary measures are exhausted, there would be severe consequences.

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Quiz: How Much Do You Know About the Federal Budget?

By briteweb | January 21, 2025
Copies of the budget

A strong fiscal outlook is an essential foundation for a growing, thriving economy. Take our quiz to see how much you really know about the federal budget.

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7 Key Charts on Tax Breaks

By briteweb | January 17, 2025

The United States lost an estimated $1.9 trillion in revenues through tax expenditures in 2024.

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Lawmakers are Running Out of Time to Fix Social Security

By svillarreal | January 14, 2025
Front of a Social Security Administration building.

Without reform, the combined Social Security trust funds will be depleted in 2035.

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Budget Basics: Tax Expenditures

By briteweb | January 13, 2025
tax forms

Tax expenditures can come in the form of exclusions, exemptions, deductions, and credits.

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