6 Key Charts on Tax Breaks
The United States lost an estimated $1.8 trillion in revenues through tax expenditures in 2023.
https://www.pgpf.org/blog/2024/03/6-key-charts-on-tax-breaks
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The United States lost an estimated $1.8 trillion in revenues through tax expenditures in 2023.
https://www.pgpf.org/blog/2024/03/6-key-charts-on-tax-breaks
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.
https://www.pgpf.org/blog/2024/03/7-key-facts-about-us-healthcare-spending
These charts tell the fiscal story of 2021 — looking back at how our fiscal situation deteriorated over the past year and what challenges lie ahead.
Our fiscal situation was already unsustainable, but COVID-19 certainly did not help. Learn how the pandemic compounded our financial challenges in 13 charts.
https://www.pgpf.org/blog/2020/12/13-charts-that-tell-the-fiscal-story-of-2020
Healthcare spending is a critically important part of the American economy and the federal budget.
COVID-19 has contributed to a rising gap between federal spending and revenues. Find out just how wide that gap is.
https://www.pgpf.org/blog/2020/10/the-gap-between-federal-spending-and-revenues-has-grown-rapidly
The President’s budget for fiscal year 2022 calls for a large increase in nondefense discretionary spending next year as well as substantial spending for infrastructure and social programs over the upcoming decade.
High healthcare spending is not necessarily a bad thing, especially if it leads to better health outcomes. However, that is not the case in the United States.
https://www.pgpf.org/blog/2024/01/why-are-americans-paying-more-for-healthcare
Over the last four decades, federal grants to state and local governments have made up about 17 percent of their total revenues.
The COVID-19 pandemic has led to a considerable increase in spending — but our long-term debt was already on an unsustainable path.