Chart of the Week: Net interest costs on national debt to rise
Soaring from $255 billion in 2016 to $830 billion in 2026.
https://www.pgpf.org/blog/2016/02/chart-of-the-week-net-interest-costs-on-national-debt-to-rise
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Soaring from $255 billion in 2016 to $830 billion in 2026.
https://www.pgpf.org/blog/2016/02/chart-of-the-week-net-interest-costs-on-national-debt-to-rise
The latest OMB report marks the first time that the administration has acknowledged that deficits will surpass $1 trillion in the near term.
https://www.pgpf.org/blog/2018/07/trump-administration-acknowledges-trillion-dollar-deficits
CBO updated its budget projections this week, confirming that for the first year since 2009, deficits as a share of GDP are on the rise again.
https://www.pgpf.org/blog/2016/08/three-key-takeaways-from-the-updated-budget-projections
All day long, student teams will employ a number of unique and engaging tactics for educating fellow students on the long-term national debt in creative ways.
https://www.pgpf.org/blog/college-students-nationwide-kick-off-up-to-us-with-my-two-cents-day
A government shutdown is costly, but failing to raise the debt limit could have more severe and lasting consequences.
For the third successive year, student teams have joined Up to Us, a unique nationwide campus competition that gives young leaders a voice on fiscal issues.
https://www.pgpf.org/blog/3rd-annual-up-to-us-campus-competition-doubles-in-size
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 budget would achieve some deficit reduction on paper under the administration's calculations, but it fails to address the key drivers of our debt.
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.
Independent analyses agree unanimously that either bill would add significantly to the growing national debt.
https://www.pgpf.org/blog/2017/12/poll-voters-say-that-tax-reform-shouldn%E2%80%99t-grow-the-debt