10 Charts that Show How the United States Failed to Improve Its Fiscal Outlook in 2023
The end of 2023 marks another year that the country has failed to improve its daunting fiscal outlook.
The search found 138 results in 0.387 seconds.
The end of 2023 marks another year that the country has failed to improve its daunting fiscal outlook.
The Tax Relief for American Families and Workers Act is estimated to cost about $400 million over 10 years.
A group of respected policy experts share their views on how a bipartisan fiscal commission could help break the cycle of governing by crisis.
In FY23 the federal government officially incurred a budget deficit of $1.7 trillion — about $320 billion higher than last year's amount.
https://www.pgpf.org/blog/2023/12/americas-underlying-deficit-doubled-in-fiscal-year-2023
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
Part of the problem when discussing America’s long-term debt is that it is often confused with short-term deficits.
https://www.pgpf.org/blog/2016/08/have-the-debt-and-deficits-gotten-better
Over the next 10 years, the cumulative deficit would total $13.9 trillion if the President’s policies were carried out.
https://www.pgpf.org/blog/2021/09/deficits-will-remain-over-1-trillion-for-the-next-decade
These charts tell the fiscal story of 2022 — looking back at how our fiscal situation deteriorated over the past year and what challenges lie ahead.
One of the largest drivers of that rising debt is federal spending on major healthcare programs, such as Medicare and Medicaid.
The Farm Bill provides an opportunity for policymakers to comprehensively address agricultural, food, conservation, and other issues.