Infographic: 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 Marginal Tax Rates and Breaks Affect What You Pay
The percentage of income that Americans pay in taxes can vary widely and depend on many factors.
Read MoreInfographic: How the U.S. Tax System Works
One issue that most lawmakers and voters agree on is that our tax system needs reform.
Read MoreInfographic: What Is in the Build Back Better Act?
The legislation includes support for families and lower-income households, funding for climate change, infrastructure and healthcare, and a range of other social investments and tax policy. The new spending is mostly, but not fully, offset by other savings in the bill.
Read MoreInfographic: What Is in the American Jobs Plan?
The proposed American Jobs Plan would be a massive investment in a range of national priorities including transportation, climate change, caregiving, and housing.
Read MoreHow Does Climate Change Affect the Federal Budget?
Climate change and its effects already impose a cost on the American economy and the federal budget.
Read MoreHere’s Everything the Federal Government Has Done to Respond to the Coronavirus So Far
The pandemic has caused a public health crisis as well as substantial economic disruption. So far, lawmakers have enacted six separate pieces of legislation.
Read MoreInfographic: What’s in the American Rescue Plan?
Here’s a breakdown of the major programs in the American Rescue Plan and how much they cost.
Read MoreInfographic: President Biden and Congress Face a Range of Complex and Urgent Policy Issues
Putting our economy on a path to recovery continue to be the most pressing priorities for our nation. At the same time, our fiscal outlook has worsened considerably.
Read MoreWhat’s in the CARES Act? Here’s a Summary
The largest emergency response bill in history, the CARES Act allocates $2 trillion in emergency funding to provide relief to households, small and large businesses, states and municipalities, and healthcare providers, among others.
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