Federal Deficit and Debt: May 2020
Every month the U.S. Treasury releases data on the federal budget, including the current deficit. Here is the data for May 2020.
https://www.pgpf.org/the-current-federal-budget-deficit/budget-deficit-may-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 May 2020.
https://www.pgpf.org/the-current-federal-budget-deficit/budget-deficit-may-2020
Similar to previous years, this budget largely relies on very optimistic projections of economic growth and unlikely budget cuts to reduce the deficit.
“Lawmakers have squandered a generational opportunity to reform our tax code in a responsible way," said Michael A. Peterson, President and CEO of the Peter G. Peterson Foundation.
https://www.pgpf.org/press-release/2017/12/peterson-foundation-statement-on-tax-legislation
The State Budget Crisis Task Force released the first-ever comprehensive report detailing threats to states' fiscal sustainability and actions that can be taken to address them.
https://www.pgpf.org/what-we-are-doing/grants/state-budget-crisis-task-force-announcement
The report focuses on the fiscal conditions in six heavily populated states which together account for a third of the nation's population and almost 40 cents of every dollar in spending by state and local governments.
https://www.pgpf.org/analysis/state-budget-crisis-task-force
What will America look like at mid-century? US 2050 will examine and analyze the multiple demographic, socioeconomic, and fiscal trends that will shape the nation in the decades ahead.
"Like the House bill, the Senate proposal includes reforms that are neither permanent nor paid for, both of which impede the objective of growing the economy," said Michael A. Peterson, President and CEO of the Peter G. Peterson Foundation.
https://www.pgpf.org/press-release/2017/11/peterson-foundation-statement-on-senate-tax-bill
Peter G. Peterson pens an op-ed in POLITICO on how to handle our long-term debt.
https://www.pgpf.org/press-release/op-ed-how-to-handle-our-long-term-debt
The public is undergoing a cultural shift, driven by generations of punted fiscal decisions and the need for innovative leadership in tough economic times.
https://www.pgpf.org/analysis/op-ed-how-to-handle-our-long-term-debt
Continuously updated billboards put a spotlight on $22 trillion national debt as part of 2020 campaign conversation.