How will taxpayers respond when the president and his most senior staffers describe the nation’s tax collector as their enemy? 

To help ensure fiscal stability next year and beyond, policymakers will need to closely monitor economic conditions and use budget reserves or stabilization policies to manage risk. 

In 2025, the Tax Policy Center estimates that 17 million children under the age of 17—or one in four—will receive less than the full value of the Child Tax Credit because their parents earn too little. 

The latest data from the US Census Bureau can help policymakers, advocates, and other stakeholders understand where fines and fees fit in current revenues and design more effective and equitable policies.