FISCAL BLOG

With less than a week to go before Election Day, the Financial Times and the Peter G. Peterson Foundation have wrapped up a year-long initiative to track voter sentiment on economic and fiscal issues for the twelve months leading up to the 2020 election.

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Coronavirus aid programs were implemented to provide much needed support for small businesses, but how effective have they been? Read more in our analysis.

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In fiscal year 2020, the U.S. saw the largest budget deficit since 1945 at $3.1 trillion. Find out what contributed to these record-breaking stats.

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The Coronavirus Relief Fund was meant to alleviate strained state and local government budgets, but has it? Find out how effective COVID-19 funding has been thus far.

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Since March 15, more than 65 million claims for regular unemployment insurance have been filed due to COVID-19. Find weekly updated statistics here.

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As the White House and Congressional leaders continue to discuss additional coronavirus (COVID-19) legislation, a pair of top policy experts offered insights into the state of the economy, the effectiveness of relief legislation enacted thus far and what it all means for the election and beyond.

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The CARES Act granted stimulus checks to Americans to mitigate economic damage, but was it effective? Find out how stimulus checks affected the economy.

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COVID-19 has contributed to a rising gap between federal spending and revenues. Find out just how wide that gap is.

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Military activities are funded by federal appropriations to the Department of Defense. Learn more about how military spending is used to meet national priorities in war zones.

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Despite the increased federal deficit, the expansion of safety net programs have led to generally effective stimulus of the economy. Learn more in our analysis of several programs including Unemployment Insurance, SNAP, and Medicaid.

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What Does the Debt Mean for Our Future?

We all have a responsibility to build a brighter fiscal and economic future for the next generation.

National Debt Clock

See the latest numbers and learn more about the causes of our high and rising debt.