The President's Budget Proposes Large Spending Cuts, but Leaves Debt at High Levels
President Trump released his fourth budget, which outlines the administration's policy proposals, budget projections, and economic forecast for the next decade.
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President Trump released his fourth budget, which outlines the administration's policy proposals, budget projections, and economic forecast for the next decade.
Federal Reserve Chairman Jerome H. Powell expressed concern about America's fiscal outlook and how it may affect our economic future.
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
A newly updated report, prepared by Ernst & Young, reexamines the federal government's long-term fiscal outlook through the "fiscal gap" measure.
In fiscal year 2020, the U.S. saw the largest budget deficit since 1945 at $3.1 trillion. Find out what contributed to these record-breaking stats.
CBO estimates that the national debt would climb from 78% of gross domestic product (GDP) in 2018 to 87% of GDP by 2029 under the president's policies.
https://www.pgpf.org/blog/2019/05/cbo-trump-budget-uses-overly-optimistic-economic-assumptions
Coronavirus aid programs were implemented to provide much needed support for small businesses, but how effective have they been? Read more in our analysis.
https://www.pgpf.org/blog/2020/10/how-did-the-fiscal-response-to-coronavirus-help-small-businesses
This important piece of legislation established the federal budget process still in use today.
https://www.pgpf.org/blog/qa-40th-anniversary-congressional-budget-act
At the first presidential debate, both candidates acknowledged the growing national debt, but voters want to hear more.
Our most popular charts from 2016 illustrate the nation's fiscal challenges in areas like defense spending, healthcare, and tax reform.
https://www.pgpf.org/blog/2016/12/top-7-fiscal-charts-from-2016