Infographic: What Is the Debt Ceiling?
Increasing the debt ceiling 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.
The search found 1246 results in 0.269 seconds.
Increasing the debt ceiling 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.
While the last minute passage of a continuing resolution avoided a government shutdown, the relief may be only temporary.
https://www.pgpf.org/analysis/2016/10/happy-fiscal-new-year-2017
As policymakers prepare to release legislative details about tax reform, American voters remain concerned about the nation’s fiscal health.
https://www.pgpf.org/press-release/2017/10/fci-press-release
Michael A. Peterson, President and COO of the Peter G. Peterson Foundation, commented today following the release of budget results for fiscal year 2014 by Treasury Secretary Jacob Lew and Office of Management and Budget Director Shaun Donovan.
As the election season continues, the nation’s fiscal health remains a top concern for voters, according to the Peter G. Peterson Foundation’s July Fiscal Confidence Index.
https://www.pgpf.org/press-release/2016/07/fci-press-release
"No party, or even individual member, has bragging rights when it comes to advocating for, or making progress on, reducing the deficit and debt," writes Heidi Heitkamp.
Every month the U.S. Treasury releases data on the federal budget, including the current deficit. Here is the data for May 2023.
https://www.pgpf.org/the-current-federal-budget-deficit/budget-deficit-may-2023
An analysis of the findings, and the official Foundation statement from President and CEO Michael A. Peterson.
https://www.pgpf.org/blog/pgpf-analysis-statement-on-cbo-january-2016-budget-economic-outlook
Budget battles policymakers have engaged in have failed to produce reforms to address the true drivers of long-term national debt.
https://www.pgpf.org/analysis/averting-a-shutdown-the-numbers-behind-the-last-minute-budget-bill
The Fiscal Confidence Index moved slightly in a positive direction following the election, due in part to a significant increase in the expectations of Republicans that progress will be made on the national debt in the next few years.
https://www.pgpf.org/press-release/2016/11/fci-press-release