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Today, the Federal Reserve announced a decrease in the federal funds rate — the interest rate at which commercial banks lend to each other overnight .
https://www.pgpf.org/blog/2019/07/What-Does-the-Fed-Rate-Cut-Mean-for-the-Economy-and-National-Debt
Spending on children is shrinking as a percent of GDP.
https://www.pgpf.org/blog/2019/09/how-much-government-spending-goes-to-children
To account for the continuation of current policies, CBO also prepares what is known as an alternative fiscal scenario (AFS), which can be helpful for lawmakers and the general public in understanding a range of potential outcomes.
https://www.pgpf.org/blog/2019/09/what-is-an-alternative-fiscal-scenario
Social Security and major health programs account for three-quarters of programmatic mandatory spending.
Spending on federal entitlement programs will more than double between 1984 and 2049.
https://www.pgpf.org/chart-archive/0027_entitlement-programs-proj
Discretionary spending is projected to stay below its historical share of GDP.
https://www.pgpf.org/chart-archive/0177_discretionary_low_levels
Discretionary spending funds a wide range of government programs.
https://www.pgpf.org/chart-archive/0070_discretionary_spending_categories
A continuing resolution is a temporary funding measure that Congress can use to fund the federal government for a limited amount of time.
https://www.pgpf.org/blog/2019/09/what-is-a-continuing-resolution
Interest costs are projected to outpace important investments in our future.
https://www.pgpf.org/chart-archive/0005_investments_interest
While Congress has not taken steps toward reining in our high and rising national debt, earlier this summer lawmakers did address a couple of pending fiscal items
