A warning sign of a coming debt crisis is soaring interest costs.

This fact sheet lays out everything legislators and the public need to know about the U.S. federal debt to help them examine the unsustainability of the U.S. budget.

Federal spending jumped from $4.45 trillion in 2019 to $6.21 trillion in 2023, according to the Congressional Budget Office.

As federal debt continues to rise, younger generations will bear the brunt of today’s irresponsible deficit spending.

The low‐​income housing tax credit hands out $11 billion a year in tax subsidies, which are supposed to flow to tenants in lower rents.

Today’s soaring federal deficits are a looming disaster and were sadly avoidable.

President Biden’s new budget confirms that we are in the midst of a historic ratcheting up of government spending.

The Biden administration has proposed its federal budget for 2024.

President Biden finally released his annual budget blueprint for fiscal year 2024, more than a month late.

President Biden’s budget proposal for fiscal year 2024 includes a wide array of policy changes, new programs, increased spending, and higher revenue.