How Does the Capital Gains Tax Work Now, and What Are Some Proposed Reforms?
While the capital gains tax affects anyone selling a capital asset, higher-income individuals are typically subject to the tax more so than average Americans.
Read MoreWhat Is R Versus G and Why Does It Matter for the National Debt?
The combination of higher debt levels and elevated interest rates have increased the cost of federal borrowing, prompting economists to consider the sustainability of our fiscal trajectory.
Read MoreThe National Debt Can Crowd Out Investments in the Economy — Here’s How
Large amounts of federal debt could “crowd out” investments by the private sector, making the economy less productive and stunting wage growth.
Read MoreBudget Basics: Federal Trust Funds
Federal trust funds bear little resemblance to their private-sector counterparts.
Read MoreBudget Basics: Medicare
Medicare is an essential health insurance program serving millions of Americans, and a major part of the federal budget and our fiscal outlook.
Read More9 Facts About Social Security and the Need to Strengthen It
Social Security is an essential program for millions of Americans, but it’s at risk if lawmakers fail to take action to reform the program.
Read MoreBudget Basics: What Is Medicare Advantage?
The Medicare Advantage allows beneficiaries enrolled in both Part A and Part B to receive benefits from private plans.
Read MoreHow Is K-12 Education Funded?
Public schools for students in kindergarten through 12th grade are financed through a combination of local, state, and federal dollars in proportions that vary across and within states.
Read MoreWhat Types of Securities Does the Treasury Issue?
Let’s take a closer look at a few key characteristics of Treasury borrowing that can affect its budgetary cost.
Read MoreHow Does the U.S. Healthcare System Compare to Other Countries?
Despite higher healthcare spending, America’s health outcomes are not any better than those in other developed countries.
Read More