10 Charts that Show How the United States Failed to Improve Its Fiscal Outlook in 2023
The end of 2023 marks another year that the country has failed to improve its daunting fiscal outlook.
The search found 99 results in 0.434 seconds.
The end of 2023 marks another year that the country has failed to improve its daunting fiscal outlook.
Revenues in 2018 didn’t even keep up with inflation, much less growth in nominal gross domestic product.
https://www.pgpf.org/blog/2018/10/its-rare-for-revenue-growth-to-be-this-weak
A group of respected policy experts share their views on how a bipartisan fiscal commission could help break the cycle of governing by crisis.
As the coronavirus (COVID-19) pandemic took hold, economic activity slowed and tax revenues in most states began to decline.
https://www.pgpf.org/blog/2020/12/state-tax-revenues-took-a-hit-in-the-wake-of-the-pandemic
The Tax Cuts and Jobs Act will lower revenues significantly and made changes to both tax rates and bracket widths.
https://www.pgpf.org/blog/2018/03/how-tax-cuts-are-affecting-revenues-and-rates
As the largest program in the federal budget, Social Security is a critical part of our nation’s fiscal picture and vital to millions of elderly recipients.
https://www.pgpf.org/blog/2023/06/without-reform-social-security-could-become-depleted-by-2033
Compared to historical trends and other advanced economies, corporate tax revenues in the United States are low.
Federal Reserve Chair Jerome Powell, speaking in an interview, said that now is the time to start addressing our $34 trillion and rising national debt.
https://www.pgpf.org/blog/2024/02/fed-chair-powell-its-past-time-to-address-our-national-debt
COVID-19 has contributed to a rising gap between federal spending and revenues. Find out just how wide that gap is.
https://www.pgpf.org/blog/2020/10/the-gap-between-federal-spending-and-revenues-has-grown-rapidly
Coronavirus relief legislation is expected to increase federal deficits by $2.4 trillion over the next decade.