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Foreign Holders of Public Debt
U.S. dependency on foreign lenders to finance the public debt has risen sharply.
https://www.pgpf.org/chart-archive/0057_foreign-holders-debt
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U.S. dependency on foreign lenders to finance the public debt has risen sharply.
https://www.pgpf.org/chart-archive/0057_foreign-holders-debt
Recessions and countercyclical policies generally increase deficits, but deficits tend to diminish during and after recoveries.
https://www.pgpf.org/chart-archive/0307_deficits_and_recessions
“Debt matters because our fiscal irresponsibility threatens the economic future of every American,” said Michael Peterson, Chairman and CEO of the Peter G. Peterson Foundation.
https://www.pgpf.org/press-release/2018/05/2018-fiscal-summit-press-release
While investing in a college education has undeniable, lifelong economic benefits, excessive levels of student debt can impose financial burdens on borrowers.
https://www.pgpf.org/blog/2021/05/10-key-facts-about-student-debt-in-the-united-states
Medicare and Medicaid account for the majority of federal healthcare spending
https://www.pgpf.org/chart-archive/0169_federal_health_spending_composition
Generally, states with larger populations have been receiving more federal dollars from COVID-19 relief programs as such states typically have more unemployed persons, small businesses, and healthcare providers to which that relief has been targeted.
https://www.pgpf.org/blog/2021/04/why-do-states-receive-different-amounts-of-federal-covid-aid
Every month the U.S. Treasury releases data on the federal budget, including the current deficit. Here is the data for October 2023.
https://www.pgpf.org/the-current-federal-budget-deficit/budget-deficit-october-2023
One key component of the $1.9 trillion package is an estimated $362 billion in federal aid to state, local, territorial, and tribal governments to cover expenditures incurred due to the public health emergency.
The United States is on pace to lead the world in debt increase as a percentage of GDP.
https://www.pgpf.org/chart-archive/0310_us_lead_world_debt_increase