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The latest Financial Times-Peterson Foundation US Economic Monitor reveals that the coronavirus pandemic is financially impacting the vast majority of Americans, and there is broad-based support for federal response measures.
Although the debt affects each of us, it may be difficult to put such a large number into perspective and fully understand its implications.
https://www.pgpf.org/infographic/the-national-debt-is-now-more-than-25-trillion-what-does-that-mean
The largest emergency response bill in history, the CARES Act allocates $2 trillion in emergency funding to provide relief to households, small and large businesses, states and municipalities, and healthcare providers, among others.
https://www.pgpf.org/infographic/whats-in-the-cares-act-heres-a-summary
A broad, bipartisan majority of voters agree that the national debt is a key issue for the 2020 campaign.
https://www.pgpf.org/infographic/voters-agree-the-national-debt-is-a-bipartisan-priority
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
Americans want to live in a nation with widespread opportunity, a positive leadership role in the world, and a bright economic future for generations to come.
One issue that most lawmakers and voters agree on is that our tax system needs reform.
https://www.pgpf.org/infographic/infographic-how-the-us-tax-system-works
Increasing the debt limit allows the Treasury to borrow funds to pay for government obligations that have already been incurred as the result of laws and budgets approved by the President and Congress.
Putting our nation on a sustainable fiscal path creates a positive environment for growth, opportunity, and prosperity. Unfortunately, America is on a dangerous long-term fiscal path.
https://www.pgpf.org/infographic/infographic-why-long-term-debt-matters
Negotiating levels of defense spending is often one of the more contentious parts of the budget process. The good news is that there are ways of ensuring America’s security while strengthening our fiscal and economic outlook.
https://www.pgpf.org/infographic/infographic-the-facts-about-us-defense-spending
