The Current Federal Deficit and Debt
Every month the U.S. Treasury releases data on the federal budget, including the current deficit. Here is the latest data for Fiscal Year 2024, charted out monthly and on a year-over-year basis.
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Every month the U.S. Treasury releases data on the federal budget, including the current deficit. Here is the latest data for Fiscal Year 2024, charted out monthly and on a year-over-year basis.
This is the moment to strengthen the social insurance system and to enact an ambitious federal investment package, while raising tax revenue and cutting back on spending in ways that would largely offset those costs.
The Peter G. Peterson Foundation’s 2012 Fiscal Summit brought together leaders from government, policy, academia, and the media to address our long-term fiscal challenges, explore the potential for progress and reinforce the importance of building bipartisan consensus on solutions.
https://www.pgpf.org/what-we-are-doing/fiscal-summit/2012-fiscal-summit-americas-case-for-action
The Peter G. Peterson Foundation’s 2013 Fiscal Summit brought together thought leaders to discuss global economic competitiveness, the potential for innovation in science and technology and domestic issues such as demongraphics, immigration, education, and national security.
https://www.pgpf.org/what-we-are-doing/fiscal-summit/2013-fiscal-summit-facing-the-future
CBO’s new report serves as a reminder that the lawmakers need to take into account our nation’s long-term fiscal challenges as they consider policy changes.
https://www.pgpf.org/blog/2017/01/top-three-takeaways-on-the-10-year-fiscal-outlook
Debt was raised at the debates, but the candidates missed the opportunity to lat out their visions.
https://www.pgpf.org/blog/2016/10/fiscal-news-for-october-and-the-month-ahead
Michael A. Peterson, President and COO of the Peter G. Peterson Foundation, commented today following the release of the Congressional Budget Office's Long-Term Fiscal Outlook for 2014.
The Peter G. Peterson Foundation held its first Fiscal Summit in 2010 to start a national bipartisan dialogue on critical fiscal issues with thought leaders and prominent stakeholders from across the political spectrum.
The country’s fiscal trajectory got notably worse over the past year.
Portman, Panetta, Heitkamp, Zandi and others call for bipartisan fiscal commission, outlining spending and revenue reforms to stabilize the debt.