Budget Basics: The Challenge
America faces a growing crisis. Our federal government has accumulated a $13.6 trillion debt over the last few decades, and this debt is expected to grow significantly in coming years.
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America faces a growing crisis. Our federal government has accumulated a $13.6 trillion debt over the last few decades, and this debt is expected to grow significantly in coming years.
Every month the U.S. Treasury releases data on the federal budget, including the current deficit. Here is the data for January 2021.
https://www.pgpf.org/the-current-federal-budget-deficit/budget-deficit-january-2021
Every month the U.S. Treasury releases data on the federal budget, including the current deficit. Here is the data for February 2021.
https://www.pgpf.org/the-current-federal-budget-deficit/budget-deficit-february-2021
Every month the U.S. Treasury releases data on the federal budget, including the current deficit. Here is the data for March 2022.
https://www.pgpf.org/the-current-federal-budget-deficit/budget-deficit-march-2022
Candidates from Both Parties Can Add Late Support by Showing Willingness to Reduce the National Debt in a Bipartisan Fashion
https://www.pgpf.org/press-release/2018/10/fci-press-release
The latest OMB report marks the first time that the administration has acknowledged that deficits will surpass $1 trillion in the near term.
https://www.pgpf.org/blog/2018/07/trump-administration-acknowledges-trillion-dollar-deficits
Every month the U.S. Treasury releases data on the federal budget, including the current deficit. Here is the data for February 2022.
https://www.pgpf.org/the-current-federal-budget-deficit/budget-deficit-february-2022
Michael Peterson releases a statement following a speech by Gov. Chris Christie in New Hampshire.
The leaders we elect will be tasked with taming our growing national debt — making this one of the most critical elections in recent memory.
https://www.pgpf.org/analysis/will-the-presidential-candidates-debate-the-debt
“By any measure, the state of the Union’s fiscal outlook is unsustainable, and getting worse,” said Michael A. Peterson, CEO of the Peter G. Peterson Foundation.