IMF Warns of Rising U.S. Debt
The IMF raises concerns that progress on important fiscal issues is being hampered by political dysfunction in Washington.
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The IMF raises concerns that progress on important fiscal issues is being hampered by political dysfunction in Washington.
Michael A. Peterson, President and COO of the Peter G. Peterson Foundation, released the following statement today following Senate approval of the Bipartisan Budget Act of 2013.
In order to balance our budget and reduce the amount of debt the government takes on each year, we must match the level of government revenues with the level of spending.
https://www.pgpf.org/budget-basics/where-the-money-comes-from-revenues-taxes
Michael A. Peterson, President and COO of the Peter G. Peterson Foundation, released the following statement this evening as the budget conference committee reached a bipartisan budget agreement.
https://www.pgpf.org/press-release/statement-from-peterson-foundation-on-proposed-budget-deal
Detailed analysis of the fiscal impact of the Fed's December 2015 rate increase.
https://www.pgpf.org/blog/pgpf-analysis-on-higher-interest-rates-the-national-debt
Lawmakers should pursue policies that don’t make our fiscal outlook even worse.
https://www.pgpf.org/blog/2017/10/tax-cuts-then-and-now-the-debt-is-much-higher
The rapid growth in health care costs is the largest and fastest growing fiscal challenge.
Every month the U.S. Treasury releases data on the federal budget, including the current deficit. Here is the data for December 2018.
https://www.pgpf.org/the-current-federal-budget-deficit/budget-deficit-december-2018
Every month the U.S. Treasury releases data on the federal budget, including the current deficit. Here is the data for March 2019.
https://www.pgpf.org/the-current-federal-budget-deficit/budget-deficit-march-2019
“Last year's deficit was nearly $1 trillion and it’s on track to continue to grow rapidly, so voters are rightfully concerned about what our fiscal outlook means for our future,” said Michael A. Peterson, CEO of the Peterson Foundation.
https://www.pgpf.org/press-release/2019/10/fci-press-release