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National Priorities Project is a national non-profit, non-partisan research organization dedicated to making complex federal budget information transparent and accessible so people can prioritize and influence how their tax dollars are spent. Read on to learn more!

We are a nonpartisan research and policy institute. We pursue federal and state policies designed both to reduce poverty and inequality and to restore fiscal responsibility in equitable and effective ways. We apply our deep expertise in budget and tax issues and in programs and policies that help low-income people, in order to help inform debates and achieve better policy outcomes.

The fundamental question revolves around what interest rate to use to calculate the cost in today's dollars of the government's future receipts. The government makes loans today and receives interest payments and principal repayments over a period of as much as thirty years. The only way to make a fair comparison between different loan programs, or between a grant program and a subsidized loan program, is to calculate the cost in today's dollars.