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Although the debt affects each of us, it may be difficult to put such a large number into perspective and fully understand its implications.
The PGPF chart pack illustrates that budget-making involves many competing priorities, limited resources, and complex issues.
Amid ongoing negotiations in Washington since the expiration of key relief programs, 89% of voters say that America needs another coronavirus economic aid package, according to the latest Financial Times-Peterson Foundation US Economic Monitor.
The latest Financial Times-Peterson Foundation US Economic Monitor, released on August 18, 2020, reveals voter concerns on a range of complex policy challenges surrounding the pandemic, reopening schools and vaccine availability.
What makes up gross federal debt?
Foreign investors own over one-third of all U.S. public debt.
Nearly 40 percent of U.S. debt is held by foreign investors.
The growing cost of prescription drugs presents a significant challenge to the quality and affordability of healthcare in the United States.
Following the 2017 tax reform, the federal statutory corporate tax rate in the United States is now more in line with many other OECD countries.