The Current Federal Deficit and Debt
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.
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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.
Washington is debating tax reform. There’s talk of substantial tax cuts that would give trillions of dollars back to American taxpayers. That might sound great to some. But if Congress doesn’t find a way to pay for those tax cuts, future generations will be stuck with the bill.
Programs that millions of Americans depend on and care about may be feeling a squeeze from interest costs on our high and rising national debt.
https://www.pgpf.org/blog/2024/02/what-is-the-national-debt-costing-us
With the national debt at $26 trillion and counting, the nation’s fiscal health is a key issue for the 2020 campaign.
Tax reform done right will promote economic growth, increase fairness and simplicity, and improve the nation’s fiscal outlook.
Washington Post Congressional Reporter Erica Werner led engaging conversations with policy leaders centered on the fiscal and economic effects of recent tax and spending legislation and what’s required for a fiscal reset that can put our nation on a more sustainable course.
The current budget process is ill-suited for managing the nation’s long-term fiscal affairs. Learn about possible reforms to reimagine the budget process.
https://www.pgpf.org/finding-solutions/budget-process-reforms
The federal government finances its operations with taxes, fees, and other receipts collected from many different sectors of the economy.
https://www.pgpf.org/finding-solutions/understanding-the-budget/revenues
Tax reform done right would promote economic growth, make our fiscal outlook more sustainable, reduce the complexity and burden of compliance, and increase the system’s transparency and fairness.
Here are eleven charts that tell America’s fiscal story for 2019 — and show how our outlook went from bad to worse over the last 12 months.
https://www.pgpf.org/blog/2021/07/11-charts-that-show-how-our-national-debt-grew-in-2019