The Lame-Duck Congress and the 116th Congress Have Some Key Fiscal Issues on their Agenda
There are a number of key fiscal issues not only facing the current Congress in coming weeks, but also awaiting the new Congress.
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There are a number of key fiscal issues not only facing the current Congress in coming weeks, but also awaiting the new Congress.
In around six years, the national debt will likely exceed its all-time high of 106 percent of gross domestic product (GDP), which occurred in 1946.
In 2017, Congress and the President enacted the Tax Cuts and Jobs Act (TCJA), which made significant changes to the tax code for individuals and corporations.
https://www.pgpf.org/blog/2024/03/the-next-fiscal-cliff-big-tax-decisions-to-make-in-2025
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.
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
Voters are deeply concerned about interest costs eating up more and more of the federal budget.
The country’s fiscal trajectory got notably worse over the past year.
CBO’s report is the latest warning sign about the dire fiscal outlook.
Our fiscal situation was already unsustainable, but COVID-19 certainly did not help. Learn how the pandemic compounded our financial challenges in 13 charts.
https://www.pgpf.org/blog/2020/12/13-charts-that-tell-the-fiscal-story-of-2020