Check Out the 2010 Budget Chart Book–New and Improved!

Nicola Moore / April 08, 2010

The federal budget is on an unsustainable course with red ink as far as the eye can see, so it is especially important for Americans to understand spending, taxes, and debt.

The Heritage Foundation’s Budget Chart Book is a user-friendly way to learn about the federal budget in pictures.

As Federal Spending Chart 1 shows, spending has been on the rise—even before the recession and stimulus bill—and will continue to climb steeply under President Obama.

Washington is planning to pay for this and more spending with tax hikes, but as Federal Revenue Charts 1 and 9 reveal, taxes are already a hefty burden and will reach unprecedented levels in the future. (more…)