How Much Funding do State and Local Governments Receive from the Federal Government?
Over the last four decades, federal grants to state and local governments have made up about 17 percent of their total revenues.
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Over the last four decades, federal grants to state and local governments have made up about 17 percent of their total revenues.
Federal debt will rise to 144 percent of GDP within 30 years — far exceeding its all-time high, and nearly doubling today's level.
https://www.pgpf.org/analysis/2019/06/cbo-warns-historic-debt-levels-pose-substantial-risks
The federal debt is on an unsustainable path
The Peterson Foundation has prepared analysis based on those reports, illustrating the key data points with pertinent chart information.
https://www.pgpf.org/blog/2015-social-security-medicare-trustees-reports-charts-and-analysis
The U.S. is experiencing an unusual and concerning phenomenon — the annual deficit is high even though the unemployment rate is low.
https://www.pgpf.org/blog/2023/12/why-is-the-federal-deficit-high-if-unemployment-is-low
What does reinstating the debt ceiling mean for federal policymaking and the economy?
https://www.pgpf.org/analysis/2017/03/the-debt-ceiling-reinstated
The national debt is expected to exceed its record high in just 3 years.
https://www.pgpf.org/blog/2024/06/cbo-new-report-shows-worsening-fiscal-outlook
With the national debt at $26 trillion and counting, the nation’s fiscal health is a key issue for the 2020 campaign.
Under the GAO’s most realistic fiscal scenario, debt held by the public will exceed 109 percent of GDP by 2020.
OweNo is a national public awareness campaign whose mission is to educate Americans about the causes and consequences of the projected growth in federal debt levels and engage them in a national movement to address these important fiscal challenges.
https://www.pgpf.org/pgpf-programs-and-projects/oweno-campaign