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Inflation & Federal Spending Crisis
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Inflation & Federal Spending Crisis

Last Updated: 2026-07-01 2 views

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Tracking federal spending, inflation rates, and monetary policy decisions impacting American families and the national debt.

Overview

Inflation and reckless federal spending remain top economic concerns. This watchlist monitors CPI data, federal budget proposals, debt ceiling negotiations, and monetary policy decisions from the Federal Reserve.

Current Status

Inflation has cooled from 2024 highs but remains above the Fed's 2% target. Congress is debating FY2027 budget allocations with sharp divides on discretionary spending.

Progress

Progress toward resolution35%

Key Numbers

3.1%

CPI Inflation Rate

BLS

2026-06-12

$35.2T

National Debt

Treasury

2026-06-30

5.25%

Fed Funds Rate

Federal Reserve

2026-06-18

Timeline

2026-06-18

Fed Holds Rates Steady

The Federal Reserve voted to maintain the federal funds rate at 5.25%, citing persistent inflation concerns.

Source

2026-05-10

Debt Ceiling Negotiations

Congress began negotiations on raising the debt ceiling ahead of the September deadline.

Source

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