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Record-High Federal Debt Projections
The national debt has risen dramatically over the past year.
https://www.pgpf.org/chart-archive/0322_debt_projection_next_year
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The national debt has risen dramatically over the past year.
https://www.pgpf.org/chart-archive/0322_debt_projection_next_year
The growing debt is caused by a structural mismatch between spending and revenues.
The federal deficit is projected to decline in 2021, but is expected to remain high over the next decade
SNAP spending sharply increased in response to the COVID-19 pandemic, but is projected to decline below historical levels over the next decade.
The majority of SNAP beneficiaries are people from vulnerable populations.
https://www.pgpf.org/chart-archive/0282_snap_characteristics
The Peter G. Peterson Foundation issues a statement on President Obama's executive order creating a fiscal commission.
The Peter G. Peterson Foundation releases a statement on President Obama's consideration of a Bipartisan Commission.
The successful candidate will bring an interest in federal fiscal policy as well as excellent writing and quantitative skills to the team. The job will mostly focus on creating and organizing content for distribution by the Foundation.
Discretionary spending is projected to remain below its historical average.
https://www.pgpf.org/chart-archive/0185_discretionary_spending
Interest costs are projected to grow substantially.