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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.
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
Federal debt is already at its highest level as a percentage of GDP since 1950 and would exceed its all-time high by 2034 under current law.
https://www.pgpf.org/analysis/2018/07/cbo-warns-historic-debt-levels-threaten-economy
CBO’s estimate of the cumulative deficit over the next 10 years totals $2.3 trillion more than the Administration had estimated.
CBO projects that, on our current path, the deficit will reach nearly $1 trillion next year and will total $12.4 trillion over the ten-year period from 2019–2028.
https://www.pgpf.org/analysis/2018/04/cbo-report-outlines-dramatically-worse-fiscal-outlook
What will America look like at mid-century? US 2050 will examine and analyze the multiple demographic, socioeconomic, and fiscal trends that will shape the nation in the decades ahead.