How Much Government Spending Goes to Children?
Interest costs on the national debt are expected to rapidly outstrip spending on children in coming years.
https://www.pgpf.org/blog/2023/12/how-much-government-spending-goes-to-children
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Interest costs on the national debt are expected to rapidly outstrip spending on children in coming years.
https://www.pgpf.org/blog/2023/12/how-much-government-spending-goes-to-children
Despite a growing economy and low unemployment, federal budget deficits are projected to grow over the next 10 years.
https://www.pgpf.org/blog/2019/01/five-charts-that-summarize-cbos-budget-and-economic-outlook
These charts tell the fiscal story of 2022 — looking back at how our fiscal situation deteriorated over the past year and what challenges lie ahead.
Across the political spectrum, there are many policy options that could address our fiscal challenges and build a stronger, more sustainable economic future.
Under current law, federal debt is now projected to reach 150 percent of GDP within 30 years — by far an all-time high.
Addressing our nation's fiscal challenges is essential to building an economic future.This and other ideas are laid out in Pete Peterson’s latest book.
https://www.pgpf.org/blog/charting-a-new-course-for-americas-economic-future
Growth earlier in the year was spurred by appropriations enacted in early 2018 as well as by the TCJA, though the stimulus effects of the latter are fading.
While there has been positive news about recent wage growth, looking back over the last 40 years reveals a different story for the average worker.
These charts tell the fiscal story of 2021 — looking back at how our fiscal situation deteriorated over the past year and what challenges lie ahead.
Policymakers use the federal budget process to establish spending priorities and identify revenue to pay for those activities.
https://www.pgpf.org/finding-solutions/understanding-the-budget