Federal Deficit and Debt: July 2023
Every month the U.S. Treasury releases data on the federal budget, including the current deficit. Here is the data for July 2023.
https://www.pgpf.org/the-current-federal-budget-deficit/budget-deficit-July-2023
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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 July 2023.
https://www.pgpf.org/the-current-federal-budget-deficit/budget-deficit-July-2023
Every month the U.S. Treasury releases data on the federal budget, including the current deficit. Here is the data for August 2023.
https://www.pgpf.org/the-current-federal-budget-deficit/budget-deficit-August-2023
Healthcare in the United States is very expensive — but we don’t get what we pay for.
https://www.pgpf.org/blog/2023/07/why-the-american-healthcare-system-underperforms
“Our high and rising national debt is a pressing issue for the future of the nation, and the August recess presents an opportunity for a conversation between lawmakers and constituents about solutions,” said Michael A. Peterson.
https://www.pgpf.org/press-release/2023/07/fci-press-release
One of the largest drivers of that rising debt is federal spending on major healthcare programs, such as Medicare and Medicaid.
Many Americans, young and old, may be confused by the complex set of issues that comprise how the government raises revenues and allocates them.
https://www.pgpf.org/blog/2023/06/what-is-fiscal-policy-interactive-teaching-tools
“Voters understand the urgency of our fiscal challenges, and that’s why they want lawmakers to take concrete steps to secure our future,” said Michael A. Peterson.
https://www.pgpf.org/press-release/2023/06/fci-press-release
Increasing the debt ceiling allows the Treasury to borrow funds to pay for government obligations that have already been incurred as the result of laws and budgets approved by the President and Congress.
Every month the U.S. Treasury releases data on the federal budget, including the current deficit. Here is the data for April 2023.
https://www.pgpf.org/the-current-federal-budget-deficit/budget-deficit-april-2023
If lawmakers do not agree on raising or suspending the debt limit before the extraordinary measures are exhausted, there would be severe consequences.
https://www.pgpf.org/analysis/2023/06/debt-ceiling-update-whats-at-stake