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Every month the U.S. Treasury releases data on the federal budget, including the current deficit. Here is the data for June 2023.
https://www.pgpf.org/the-current-federal-budget-deficit/budget-deficit-june-2023
“Democratic and Republican voters know that this level of fiscal irresponsibility carries a huge economic risk,” said Michael A. Peterson.
https://www.pgpf.org/press-release/2023/04/fci-press-release
PGPF asked experts from 5 leading think tanks to draft a memo for the next President & Congress, identifying 3 top priorities for policymakers following the next election cycle.
CBO Director Phillip Swagel joined Peter G. Peterson Foundation CEO Michael Peterson for a discussion of this new report a day after its release.
There are numerous viable options to preserve the retirement system, including Social Security, in a fiscally sustainable way that gives families adequate time to plan and strengthens support for those who need it the most.
The federal debt is on an unsustainable path
Peter G. Peterson pens an op-ed in POLITICO about the coming fiscal issues now that Congress and the President have removed the threat of a government shutdown.
https://www.pgpf.org/press-release/op-ed-a-fiscal-deal-or-fiscal-crisis
Sequestration is a budget procedure used by lawmakers to cancel or limit funding in order to meet budget goals.
https://www.pgpf.org/budget-basics/budget-basics-what-is-sequestration
In 2017, Congress and the President enacted the Tax Cuts and Jobs Act (TCJA), which made significant changes to the tax code for individuals and corporations.
https://www.pgpf.org/blog/2024/03/the-next-fiscal-cliff-big-tax-decisions-to-make-in-2025