Skip to main content
  • Experts
  • Events
  • Briefing Book
  • Resources
  • About
  • Contact
  • Support
  • Fiscal Facts
Twitter
Facebook
Logo Site
  • Topics
    • Individual Taxes
    • Business Taxes
    • Federal Budget and Economy
    • State and Local Issues
    • Campaigns, Proposals, and Reforms
  • TaxVox Blog
  • Research & Commentary
  • Laws & Proposals
  • Model Estimates
  • Statistics
  • Features

You are here

  1. Home
  2. Topics
  3. Federal Budget and Economy

Federal spending

RSS

Primary tasks

  • View(active tab)
  • From TaxVox
  • Research
  • Statistics
  • Experts
From TaxVox

Are Current Hill Tax Plans Enough To Fund A Scaled-Back Climate And Social Spending Bill?

From TaxVox

How Today’s Unsustainable Budget Is Stopping a Marshall Plan for Vaccines

From TaxVox

Searching for Supply-Side Effects of The Tax Cuts and Jobs Act

Featured Expert

Donald Marron

Institute Fellow
A Better Way to Budget for Federal Lending Programs
Spending in Disguise
TPC Marriage Calculator

Getting married?

Find out how that will affect your taxes.
Tax calculator

From the Briefing Book

How did the TCJA affect tax expenditures?

October 30, 2018 by tpc-admin

Q.

How did the TCJA affect tax expenditures?

A.

The TCJA reduced some tax expenditure provisions, eliminated others, and introduced and expanded still others. In addition to these direct changes in tax expenditure provisions, an increase in the standard deduction and lower individual and corporate tax rates reduced the number of taxpayers using tax expenditure provisions and the value of the tax benefits they receive.

  • Read more about How did the TCJA affect tax expenditures?

What are the sources of revenue for the federal government?

December 2, 2015 by tpc-admin

Q.

What are the sources of revenue for the federal government?

A.

About 50 percent of federal revenue comes from individual income taxes, 7 percent from corporate income taxes, and another 36 percent from payroll taxes that fund social insurance programs (figure 1). The rest comes from a mix of sources.

  • Read more about What are the sources of revenue for the federal government?

How does the federal government spend its money?

December 2, 2015 by tpc-admin

Q.

How does the federal government spend its money?

A.

Federal spending totaled $4.4 trillion in 2019. About 62 percent of the total was for programs not subject to regular budget review, while nearly 30 percent covered discretionary programs for which Congress must regularly appropriate funds. Eight percent went for interest on government debt (figure 1).

  • Read more about How does the federal government spend its money?

Read All >>

Stay on top of tax policy.

Subscribe to our newsletters today.
Newsletters
  • Donate Today
  • Topics
  • TaxVox Blog
  • Research & Commentary
  • Laws & Proposals
  • Model Estimates
  • Statistics
  • Privacy Policy
  • Newsletters
Twitter
Facebook
  • © Urban Institute, Brookings Institution, and individual authors, 2022.