Fiscal Policy Outlook August, FY2022
Snapshot 2022: $1,375 Billion Deficit
HIGHER THAN AVERAGE SPENDING AND TAXATION
Mandatory Spending Crowds Out The Budget
MAJOR COMPONENTS OF MANDATORY SPENDING
ENTITLEMENTS AND INTEREST IS SQUEEZING OTHER PRIORITIES
MANDATORY SPENDING IS BAD: INTEREST IS EVEN WORSE
THE U.S. IS BORROWING TO PAY INTEREST COSTS
The U.S. Runs a Structural Primary Deficit
DEBT ULTIMATELY ON AN UPWARD TRAJECTORY
DEBT ULTIMATELY APPROACHES
WHAT DRIVES OUR DEBT?
Congressional Budget Process Timetable
Chart Book Index
- Fiscal Policy Outlook August, FY2022
- Snapshot 2022: $1,375 Billion Deficit
- HIGHER THAN AVERAGE SPENDING AND TAXATION
- Mandatory Spending Crowds Out The Budget
- MAJOR COMPONENTS OF MANDATORY SPENDING
- ENTITLEMENTS AND INTEREST IS SQUEEZING OTHER PRIORITIES
- MANDATORY SPENDING IS BAD: INTEREST IS EVEN WORSE
- THE U.S. IS BORROWING TO PAY INTEREST COSTS
- The U.S. Runs a Structural Primary Deficit
- DEBT ULTIMATELY ON AN UPWARD TRAJECTORY
- DEBT ULTIMATELY APPROACHES
- WHAT DRIVES OUR DEBT?
- Congressional Budget Process Timetable
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