Funding in 2013 for the Department of Defense’s (DoD’s) base budget, which excludes overseas military operations, is 11 percent less (after adjusting for inflation) than its appropriation for 2012. Under limits set in law, DoD’s funding will grow slightly faster than the rate of inflation...

The recent recession has had a substantial impact on income, the amount of taxes owed, and average tax rates. Changes in households’ before-tax income and average tax rates in 2008 and 2009 were substantial and differed markedly across the income distribution.