What’s the Difference between a Government Shutdown and the Debt Limit?
A government shutdown is costly, but failing to raise the debt limit could have more severe and lasting consequences.
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A government shutdown is costly, but failing to raise the debt limit could have more severe and lasting consequences.
The Trustees urge lawmakers to enact legislation soon to put Medicare on a sustainable path.
Every month the U.S. Treasury releases data on the federal budget, including the current deficit. Here is the data for September 2018, which includes data for all of Fiscal Year 2018.
https://www.pgpf.org/the-current-federal-budget-deficit/budget-deficit-september-2018
Every month the U.S. Treasury releases data on the federal budget, including the current deficit. Here is the data for April 2019.
https://www.pgpf.org/the-current-federal-budget-deficit/budget-deficit-april-2019
Every month the U.S. Treasury releases data on the federal budget, including the current deficit. Here is the data for May 2019.
https://www.pgpf.org/the-current-federal-budget-deficit/budget-deficit-may-2019
All three budget plans achieve deficit reduction within the 10-year window relative to current law, though they make different choices on revenues and spending levels for particular programs and achieve different results.
Today thousands of students on college campuses across the country are mobilizing to make their voices heard on the long-term national debt.
https://www.pgpf.org/blog/national-mytwocentsday-for-up-to-us-college-students
InDebtEd (short for "in-debt education") is a joint campaign by PGPF and MTV's campus network, mtvU, to alert college students to the personal and governmental dangers of financial irresponsibility. The program encourages students to take action to secure their futures. The campaign's aim is to empower young people to protect themselves financially and to work together to advocate government fiscal responsibility in order to change the course of the nation's future.
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
“As troubling as this year’s deficit is, it’s just the beginning of large and growing deficits as far as the eye can see," Michael A. Peterson, Chairman and CEO of the Peter G. Peterson Foundation, said.