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Growing Social Security and Medicare outlays tied to demographic trends.
, payments, and major grant categories—particularly transportation, education, and —are the largest drivers of state-by-state per‑capita differences in for 2024–2025, with , and program design (formul...
Independent forecasts under “current policy” assumptions show U.S. federal debt held by the public rising from roughly 100 percent of GDP today to roughly 118–120 percent of GDP by 2035 under mainstre...
is a net fiscal “donor” to the federal government: its residents and businesses pay more in federal taxes than the state receives back in , a pattern driven by high incomes, population size, and the ....