Federal Deficit and Debt: May 2021
Every month the U.S. Treasury releases data on the federal budget, including the current deficit. Here is the data for May 2021.
https://www.pgpf.org/the-current-federal-budget-deficit/budget-deficit-may-2021
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Every month the U.S. Treasury releases data on the federal budget, including the current deficit. Here is the data for May 2021.
https://www.pgpf.org/the-current-federal-budget-deficit/budget-deficit-may-2021
As 2018 begins, Americans remain deeply concerned about the national debt.
https://www.pgpf.org/press-release/2017/12/fci-press-release
CBO projects that interest rates will remain low throughout the decade.
https://www.pgpf.org/chart-archive/0269_interest_rates_projected_to_rise
SNAP benefits supplement household incomes to help lift people out of poverty.
https://www.pgpf.org/chart-archive/0264_snap_supplements_income
The national debt has risen dramatically over the past year.
https://www.pgpf.org/chart-archive/0322_debt_projection_next_year
The growing debt is caused by a structural mismatch between spending and revenues.
The federal deficit is projected to decline in 2021, but is expected to remain high over the next decade
SNAP spending sharply increased in response to the COVID-19 pandemic, but is projected to decline below historical levels over the next decade.