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An overwhelming majority of Americans, 82 percent, say the long-term national debt is an important factor when it comes to deciding how they will vote in the November midterm elections, according to a new poll released today by the Peter G. Peterson Foundation.
Through a survey, this project assesses worker sentiments about technological advances, training opportunities and responsibility for preparing workers for a changing economy. It provides results for non-Hispanic white, African American, Latinx and Asian American/Pacific Islander populations.
Every month the U.S. Treasury releases data on the federal budget, including the current deficit. Here is the data for October 2021.
https://www.pgpf.org/the-current-federal-budget-deficit/budget-deficit-october-2021
Every month the U.S. Treasury releases data on the federal budget, including the current deficit. Here is the data for November 2021.
https://www.pgpf.org/the-current-federal-budget-deficit/budget-deficit-november-2021
“CBO’s report shows 30 straight years of trillion-dollar deficits that grow and grow, leaving no doubt that we’re on a dangerous and unsustainable fiscal path.” said Michael A. Peterson, CEO of the Peter G. Peterson Foundation.
In the waning days of the 2020 campaign and as the nation continues to endure the coronavirus pandemic, voters remain deeply concerned about the record and rising national debt.
https://www.pgpf.org/press-release/2020/10/fci-press-release
“This CBO score is the latest evidence that this bill needs to be improved as it moves through the legislative process," said Michael A. Peterson, CEO of the Peter G. Peterson Foundation.
“Timing gimmicks not only game the budget, but can be highly disruptive to our economy and society because of the year-to-year uncertainty they present for millions of Americans," said Michael A. Peterson, CEO of the Peter G. Peterson Foundation.
As a federal program, Social Security cannot be any stronger financially than the overall federal government, and looming financial problems in Social Security will have a negative impact on the Federal budget as a whole.
https://www.pgpf.org/analysis/the-financial-condition-of-social-security
CBO projects that the federal budget deficit will increase as a share of GDP for the first year since 2009.
https://www.pgpf.org/analysis/2016/08/CBO-deficits-are-back-on-the-rise