Understanding the Budget: Revenues
The federal government finances its operations with taxes, fees, and other receipts collected from many different sectors of the economy.
https://www.pgpf.org/finding-solutions/understanding-the-budget/revenues
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The federal government finances its operations with taxes, fees, and other receipts collected from many different sectors of the economy.
https://www.pgpf.org/finding-solutions/understanding-the-budget/revenues
The economy goes through cyclical movements over time, with periods of growth followed by downturns. To help improve responsiveness to fluctuations in the business cycle, a number of important programs in the federal budget automatically increase or restrain spending depending on economic conditions.
https://www.pgpf.org/budget-basics/what-are-automatic-stabilizers-and-how-do-they-affect-the-budget
As the Biden administration and a bipartisan group lawmakers discuss a range of infrastructure investments, vast majorities of voters — including Democrats and Republicans — are calling on leaders to pay for their priorities.
While investing in a college education has undeniable, lifelong economic benefits, excessive levels of student debt can impose financial burdens on borrowers.
https://www.pgpf.org/blog/2021/05/10-key-facts-about-student-debt-in-the-united-states
The Social Security and Medicare Trustees released their annual reports, which show that these vital programs are on an unsustainable path.
https://www.pgpf.org/blog/2022/06/five-charts-about-the-future-of-social-security-and-medicare
The U.S. spent $820 billion on national defense during fiscal year (FY) 2023 according to the Office of Management and Budget, which amounted to 13 percent of federal spending.
https://www.pgpf.org/budget-basics/budget-explainer-national-defense
Amid ongoing negotiations in Washington since the expiration of key relief programs, 89% of voters say that America needs another coronavirus economic aid package, according to the latest Financial Times-Peterson Foundation US Economic Monitor.
It's going to take at least a decade for the labor market to recover from the coronavirus pandemic, according to the latest data from the CBO.
The latest Financial Times-Peterson Foundation US Economic Monitor reveals that the coronavirus pandemic is financially impacting the vast majority of Americans, and there is broad-based support for federal response measures.
As part of the Up to Us initiative, student teams at various colleges and universities are kicking off competing campaigns designed to educate their peers on the effects of the nation's rising debt and motivate action in Washington on fiscal issues.