Federal Deficit and Debt: June 2020
Every month the U.S. Treasury releases data on the federal budget, including the current deficit. Here is the data for June 2020.
https://www.pgpf.org/the-current-federal-budget-deficit/budget-deficit-june-2020
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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 2020.
https://www.pgpf.org/the-current-federal-budget-deficit/budget-deficit-june-2020
Here are some important questions that the moderator could ask at the final debate to start the conversation about our nation’s most pressing fiscal concerns.
PAYGO is a budget enforcement mechanism intended to prevent passage of legislation that increases deficits.
The Peter G. Peterson Foundation is providing a $1 million grant to the newly established Warren B. Rudman Center for Justice, Leadership and Public Policy at the University of New Hampshire School of Law.
The two proposals present distinct visions of the role of the federal government in our economy.
https://www.pgpf.org/analysis/fy-2015-budgets-comparing-chairman-ryans-and-the-presidents-proposals
On our current path, CBO projects that deficits will reach $1.0 trillion by 2022 and total $10.1 trillion over the next ten years.
https://www.pgpf.org/analysis/2017/06/cbo-unsustainable-deficits-threaten-future-economic-growth
“The administration projects that the deficit is on track to hit $1 trillion this year, even though we are in a strong economy and low interest rate environment," said Michael A. Peterson, CEO of the Peter G. Peterson Foundation.
https://www.pgpf.org/press-release/2019/07/peterson-foundation-statement-on-omb-mid-session-review
The Youth Summit, entitled Democracy 2.0: Exploring the Millennial Generation's ROI, will convene today's leading youth voices as well as a number of newcomers who will offer fresh perspectives and thoughtful proposals for reform and change.
Policymakers should work together to stabilize and strengthen this important program for generations to come.
https://www.pgpf.org/analysis/trustees-warn-social-security-faces-major-imbalances
The report projects that in 2018 — for the first time since 1982 — the program’s total costs will exceed its total income.