What Types of Securities Does the Treasury Issue?
Let's take a closer look at a few key characteristics of Treasury borrowing that can affect its budgetary cost.
https://www.pgpf.org/blog/2023/08/how-does-the-treasury-issue-debt
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Let's take a closer look at a few key characteristics of Treasury borrowing that can affect its budgetary cost.
https://www.pgpf.org/blog/2023/08/how-does-the-treasury-issue-debt
For 2023, the Congressional Budget Office (CBO) estimated in May that the federal budget deficit will total $1.5 trillion.
The federal deficit is projected to be over $1 trillion each year for the next 10 years.
https://www.pgpf.org/blog/2022/09/1-trillion-deficits-are-projected-for-the-foreseeable-future
Social Security has been a cornerstone of economic security for almost 90 years, but the program is on unsound footing.
Voters are calling on their leaders to take concrete actions to put us on a better fiscal path.
The economic recovery is expected to continue and gross domestic product (GDP) will return to its pre-pandemic level by the middle of this year, according to the latest data from the Congressional Budget Office (CBO).
https://www.pgpf.org/blog/2021/02/new-projections-for-unemployment-gdp-inflation-and-interest-rates
Let's take a closer look at projections from 10 years ago to assess how decisions by lawmakers and other factors have contributed to our fiscal outlook.
https://www.pgpf.org/blog/2023/03/decade-in-review-looking-back-at-cbo-projections-then-and-now
The report finds that the President's proposal fully incorporates 12 of the DAC's 27 recommendations and partially incorporates another nine.
https://www.pgpf.org/blog/new-report-stimson-center-strategic-agility-assessment
Although the costliest measures are anticipated to contribute the most to the economy, CBO found those measures are not necessarily expected to provide the most bang for the buck.
The rising national debt carries substantial costs today and poses an even greater toll on America’s future.