Budget Basics: Federal Trust Funds
Federal trust funds bear little resemblance to their private-sector counterparts.
https://www.pgpf.org/budget-basics/budget-explainer-what-are-federal-trust-funds
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Federal trust funds bear little resemblance to their private-sector counterparts.
https://www.pgpf.org/budget-basics/budget-explainer-what-are-federal-trust-funds
Every month the U.S. Treasury releases data on the federal budget, including the current deficit. Here is the data for July 2024.
https://www.pgpf.org/the-current-federal-budget-deficit/budget-deficit-july-2024
Every month the U.S. Treasury releases data on the federal budget, including the current deficit. Here is the latest data for Fiscal Year 2024, charted out monthly and on a year-over-year basis.
Healthcare spending in the United States is a key driver of the nation’s fiscal imbalance and has risen notably over the past few decades.
https://www.pgpf.org/blog/2024/03/7-key-facts-about-us-healthcare-spending
“The Solutions Initiative 2024 shows that there is widespread agreement that America’s fiscal challenges are both unsustainable and solvable, and we have many good options to chart a brighter future for our country," said Michael A. Peterson.
As the coronavirus (COVID-19) pandemic took hold, economic activity slowed and tax revenues in most states began to decline.
https://www.pgpf.org/blog/2020/12/state-tax-revenues-took-a-hit-in-the-wake-of-the-pandemic
Defense spending by the United States accounted for nearly 40 percent of military expenditures by countries around the world in 2023.
The top 20 percent of income earners receive over half the value of major tax expenditures.
https://www.pgpf.org/Chart-Archive/0199_distribution_tax_expenditures
The Social Security and Medicare Trustees released their annual reports, which show that these vital programs are on an unsustainable path.
https://www.pgpf.org/blog/2022/06/five-charts-about-the-future-of-social-security-and-medicare
The president's budget misses an opportunity to address the structural causes of our debt and relies instead on overly optimistic economic assumptions.