Fed Chairman Powell Urges Congress to Address the Federal Budget’s “Unsustainable Path”
Federal Reserve Chairman Jerome H. Powell expressed concern about America's fiscal outlook and how it may affect our economic future.
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Federal Reserve Chairman Jerome H. Powell expressed concern about America's fiscal outlook and how it may affect our economic future.
Every month the U.S. Treasury releases data on the federal budget, including the current deficit. Here is the data for June 2022.
https://www.pgpf.org/the-current-federal-budget-deficit/budget-deficit-june-2022
Social Security is the cornerstone of financial security for millions of Americans, and it is a major part of the federal budget.
https://www.pgpf.org/quiz/how-much-do-you-know-about-social-security
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
"Surpassing $20 trillion in debt is the latest indicator of our nation's dire fiscal condition," said Michael A. Peterson, President and CEO of the Peter G. Peterson Foundation.
“On the heels of the first meaningful deficit reduction initiative in years in the Inflation Reduction Act, it’s highly irresponsible, unfortunate and unwise to wipe out those fiscal benefits with this announcement," said Michael A. Peterson, CEO of the Peter G. Peterson Foundation.
In fiscal year 2020, the U.S. saw the largest budget deficit since 1945 at $3.1 trillion. Find out what contributed to these record-breaking stats.
A newly updated report, prepared by Ernst & Young, reexamines the federal government's long-term fiscal outlook through the "fiscal gap" measure.
New York City Mayor Eric Adams today announced a $1.5 million investment in the NYC Small Business Resource Network (SBRN), allowing the SBRN to extend its programming through 2023.
Peterson Foundation’s ‘Solutions Initiative’ Produces Policy Options to Build Stronger Fiscal Future for America.
https://www.pgpf.org/press-release/2019/06/2019-solutions-initiative-2019-press-release