Budget Basics: Federal Trust Funds
Federal trust funds bear little resemblance to their private-sector counterparts.
https://www.pgpf.org/budget-basics/budget-explainer-what-are-federal-trust-funds
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Federal trust funds bear little resemblance to their private-sector counterparts.
https://www.pgpf.org/budget-basics/budget-explainer-what-are-federal-trust-funds
Compared to historical trends and other advanced economies, corporate tax revenues in the United States are low.
"No party, or even individual member, has bragging rights when it comes to advocating for, or making progress on, reducing the deficit and debt," writes Heidi Heitkamp.
"Sound fiscal policy can make it easier for the Fed to bring inflation down without pushing the economy into a recession," writes Ben Ritz.
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.
Since its establishment in 1935, Social Security has grown to become the largest program in the federal budget.
https://www.pgpf.org/blog/2023/02/social-security-reform-should-we-reduce-benefits
The U.S. spends twice as much on prescription drugs as other comparatively wealthy nations, on average.
Every month the U.S. Treasury releases data on the federal budget, including the current deficit. Here is the data for September 2022.
https://www.pgpf.org/the-current-federal-budget-deficit/budget-deficit-september-2022
Every month the U.S. Treasury releases data on the federal budget, including the current deficit. Here is the data for August 2022.
https://www.pgpf.org/the-current-federal-budget-deficit/budget-deficit-august-2022
Well-designed fiscal policy should help the hardest-hit and most vulnerable families.