July 22, 2013

For Immediate Release: July 22, 2013
Contact: Alan Barber, (202) 293-5380 x115

Washington, D.C.- Every day, articles are written about government spending, often using enormous numbers but very little context. For example, readers are told that a certain program costs $760 billion, which seems like a lot of money. However, they are not told that this cost is spread over a 10-year budget window or that over those 10 years, the program will only amount to 1.7165 percent of the budget. Expressing spending as percentages of the budget and explaining how many years an amount covers conveys much more information than a number alone and can make that number much less scary.

A new budget calculator from the Center for Economic and Policy Research (CEPR) does just that. Users will be able to enter a dollar amount and the period of time the amount covers. A simple click of the button gives the cost of the program as a percentage of the budget. Users can toggle to the advanced calculator to see numbers expressed per capita, as a percent of total revenue, as a percent of discretionary spending or as a percent of the unified budget. The CEPR budget calculator gives some much needed perspective to the costs of government programs and spending cuts.



GuideStar Exchange Gold charity navigator LERA cfc IFPTE

contact us

1611 Connecticut Ave., NW
Suite 400
Washington, DC 20009
(202) 293-5380

let's talk about it

Follow us on Twitter Like us on Facebook Follow us on Tumbler Connect with us on Linkedin Watch us on YouTube Google+ cepr.net rss feed