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Historically, debt and deficits rose with wars and economic downturns. Today, they rise from factors such as growing healthcare costs and an aging population.
Debt rises and falls with wars and changes in the economy. Debt is currently at its highest level since 1946.
The national debt is on an unsustainable path.
https://www.pgpf.org/chart-archive/0202_federal-debt-proj-since-1930
The PGPF chart pack illustrates that budget-making involves many competing priorities, limited resources, and complex issues.
Here's a breakdown of the major programs in the American Rescue Plan and how much they cost.
https://www.pgpf.org/infographic/whats-in-the-american-rescue-plan
Spending for the major healthcare programs will continue to climb rapidly over the long term.
https://www.pgpf.org/chart-archive/0281_major_health_spending_to_climb_rapidly
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-28-trillion-what-does-that-mean
Discretionary spending is projected to remain below its historical average.
https://www.pgpf.org/chart-archive/0185_discretionary_spending