Understanding the December 2010 Tax Agreement
According to the Joint Committee on Taxation, the provisions in this agreement will add $857.8 billion to the deficit by 2020.
https://www.pgpf.org/analysis/2010/12/compromise-tax-framework-agreement
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According to the Joint Committee on Taxation, the provisions in this agreement will add $857.8 billion to the deficit by 2020.
https://www.pgpf.org/analysis/2010/12/compromise-tax-framework-agreement
Most infrastructure spending in the United States comes from state and local governments
https://www.pgpf.org/chart-archive/0274_federal_state_local_infrastructure_spending
State and local governments outspend the federal government in every infrastructure category
https://www.pgpf.org/chart-archive/0275_infrastructure_spending_by_category
Interest costs on the national debt are expected to rapidly outstrip spending on children in coming years.
https://www.pgpf.org/blog/2023/12/how-much-government-spending-goes-to-children
Pete Peterson Joins President Clinton and Others to Discuss Jobs, the Economy and America’s Long-Term Fiscal Challenges.
Elderly and disabled beneficiaries make up a majority of Medicaid spending.
https://www.pgpf.org/chart-archive/0094_spending_medicaid_beneficiaries
Projections of federal healthcare spending have improved but are still climbing as a share of the economy.
https://www.pgpf.org/chart-archive/0200_healthcare_share_econ_proj
Peter G. Peterson pens an op-ed in the Wall Street Journal about tax aversion syndrome.
https://www.pgpf.org/press-release/tax-aversion-syndrome-and-our-deficit-future-by-peter-g-peterson
The top 20 percent of income earners receive over half the value of major tax expenditures.
https://www.pgpf.org/Chart-Archive/0199_distribution_tax_expenditures
Every month the U.S. Treasury releases data on the federal budget, including the current deficit. Here is the latest data for Fiscal Year 2024, charted out monthly and on a year-over-year basis.