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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.
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.
The latest Financial Times-Peterson Foundation US Economic Monitor, released on July 7, 2020, reveals timely data about Americans’ deep concerns about the health and economic effects of the coronavirus (COVID-19) pandemic.
A strong fiscal outlook is an essential foundation for a growing, thriving economy – but our current debt-to-GDP ratio is the highest it has been since 1950.
The Federal Reserve owns one quarter of domestically held debt.