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A strong fiscal outlook is an essential foundation for a growing, thriving economy.
https://www.pgpf.org/infographic/infographic-how-does-the-national-debt-affect-the-economy
Other than during the recent recession caused by the financial crisis and its aftermath, the U.S. government has never witnessed deficits that exceeded $1 trillion.
Higher short- and long-term Treasury rates mean that the federal government’s borrowing costs will also rise, thereby generating significant consequences for the budget and the national debt.
Modeled after the Consumer Confidence Index, the Fiscal Confidence Index is a national survey that measures public opinion about the national debt.
Every month the U.S. Treasury releases data on the federal budget, including the current deficit. Here is the data for August 2018, charted out monthly and on a year-over-year basis.
https://www.pgpf.org/the-current-federal-budget-deficit/budget-deficit-august-2018
Every month the U.S. Treasury releases data on the federal budget, including the current deficit. Here is the data for September 2018, which includes data for all of Fiscal Year 2018.
https://www.pgpf.org/the-current-federal-budget-deficit/budget-deficit-september-2018
Every month the U.S. Treasury releases data on the federal budget, including the current deficit. Here is the data for October 2018, which was the first month of fiscal year 2019.
https://www.pgpf.org/the-current-federal-budget-deficit/budget-deficit-october-2018
“Now that our economy has significantly recovered, it is the perfect time to begin a process to get our fiscal house in order," said Michael A. Peterson, Chairman and CEO of the Peter G. Peterson Foundation.
It may be counterintuitive, but government shutdowns are expensive. They are also bad for the economy.
https://www.pgpf.org/blog/2018/09/three-reasons-why-a-government-shutdown-is-harmful
The growing federal debt would reduce family incomes substantially.
https://www.pgpf.org/Chart-Archive/0203_federal-debt-affects-income
