Here’s Everything the Federal Government Has Done to Respond to the Coronavirus So Far
The pandemic has caused a public health crisis as well as substantial economic disruption. So far, lawmakers have enacted six separate pieces of legislation.
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The pandemic has caused a public health crisis as well as substantial economic disruption. So far, lawmakers have enacted six separate pieces of legislation.
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
Peterson Foundation Chairman Pete Peterson was featured in the new Winter 2014 issue of Philanthropy magazine, out today.
https://www.pgpf.org/blog/pete-peterson-philanthropy-magazine
On March 15, 2018 the federal government passed an unfortunate milestone: $21 trillion dollars in gross federal debt.
https://www.pgpf.org/blog/2018/04/the-national-debt-grew-by-1-trillion-in-just-six-months
Unless addressed soon, the growing national debt will "seriously jeopardize and undermine the American economy," said former Secretary of Defense Leon Panetta.
Since March 15, more than 65 million claims for regular unemployment insurance have been filed due to COVID-19. Find weekly updated statistics here.
The pandemic exposed major U.S. healthcare issues, but key lessons can help improve the system going forward, according to two leading experts.
Social Security is the largest single federal program, and accounts for approximately one quarter of all federal spending.
https://www.pgpf.org/blog/celebrating-social-securitys-80th-anniversary
The federal budget deficit rose to $666 billion for fiscal year 2017 — an increase of around $80 billion from the previous year.
https://www.pgpf.org/blog/2017/10/federal-budget-deficits-rising-even-before-tax-cuts
Powell noted that the current economic expansion is the longest on record and emphasized the need to consider the long-term implications of fiscal policy.