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December 4, 2023

Budget, Debt, and Deficits
The U.S. National Debt Dilemma

With the U.S. national debt already exceeding $16 trillion, President Trump’s tax reform and budget deals with Congress have added to the country’s deficits. CFR explores the origins of the national debt, the risks it presents, and the outlook for change.

An exterior view of the U.S. Treasury building from below
Backgrounder by James McBride, Noah Berman, and Anshu Siripurapu Renewing America

January 5, 2018

United States
How Will the Tax Overhaul Affect U.S. Competitiveness?

President Trump and Republican lawmakers say their tax legislation will increase the global competitiveness of U.S. businesses, but experts are divided over whether it will spur growth, and many are …

tax backgrounder header
Backgrounder by James McBride

May 24, 2006

Nonproliferation, Arms Control, and Disarmament
U.S. May Shift Strategy on North Korea

News reports say the United States may be shifting its approach toward North Korea in an ongoing effort to get Pyongyang to give up its nuclear program. But some experts say that with negotiations st…

Backgrounder by Esther Pan

February 2, 2005

Iraq
Iraq: The war’s price tag

This publication is now archived. How much has the war in Iraq cost?Congress has so far appropriated about $123 billion for the war in Iraq in addition to the military’s standard operating expenses c…

Backgrounder by Paul Tagliabue

March 3, 2008

Defense and Security
Iran’s Involvement in Iraq

Iran’s influence in Iraq is the subject of enormous speculation. The United States is taking steps to counter that influence.

Backgrounder by Lionel Beehner and Greg Bruno