This Month in Fiscal News: Debates, the CR, and Fiscal Challenges Ahead
At the first presidential debate, both candidates acknowledged the growing national debt, but voters want to hear more.
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At the first presidential debate, both candidates acknowledged the growing national debt, but voters want to hear more.
"Reaching $20 trillion in debt should be a wake-up call to solve our fiscal challenges, not an invitation to add to the problem," said Michael A. Peterson, President and CEO of the Peter G. Peterson Foundation.
“As another unfortunate year of fiscal irresponsibility comes to a close, voters are sending a clear message to Washington that they want fiscal leadership,” said Michael A. Peterson, CEO of the Peterson Foundation.
https://www.pgpf.org/press-release/2019/12/fci-press-release
Here we take a closer look at excise taxes in the United States and examine how they fit into the federal budget.
https://www.pgpf.org/budget-basics/what-are-excise-taxes-and-how-do-they-affect-the-federal-budget
“With the election six weeks away, the growing national debt is on the minds of American voters,” said Michael A. Peterson, Chairman and CEO of the Peter G. Peterson Foundation.
https://www.pgpf.org/press-release/2018/09/fci-press-release
While Congress and the President move forward on a budget deal that will add $1.7 trillion to the debt over the next 10 years, voters across party lines are increasingly concerned about the nation’s finances.
https://www.pgpf.org/press-release/2019/07/fci-press-release
“With the nation still in the grips of a devastating public health and economic crisis, President Biden and the new Congress are right to explore additional relief and recovery legislation, but it’s also critical that we remain mindful of our long-term fiscal outlook, which has gotten far worse as our debt now exceeds the size of our economy,” said Michael A. Peterson, CEO of the Peterson Foundation.
https://www.pgpf.org/press-release/2021/01/fci-press-release
A new poll shows that nine-in-ten Americans want policymakers to work together to avoid a shutdown and focus on implementing solutions to our growing national debt.
The Peter G. Peterson Foundation’s final Fiscal Confidence Index for 2013 shows that American voters hold deep concerns about the nation’s long-term fiscal health, continuing a consistent 12-month trend.
https://www.pgpf.org/press-release/2013/12/fci-press-release
Every month the U.S. Treasury releases data on the federal budget, including the current deficit. Here is the data for June 2023.
https://www.pgpf.org/the-current-federal-budget-deficit/budget-deficit-june-2023