Presidential Debate Highlights Fiscal Election
One of the first questions at last night’s debate was about the national debt, and for good reason.
https://www.pgpf.org/blog/2024/06/presidential-debate-highlights-fiscal-election
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One of the first questions at last night’s debate was about the national debt, and for good reason.
https://www.pgpf.org/blog/2024/06/presidential-debate-highlights-fiscal-election
One of the largest drivers of that rising debt is federal spending on major healthcare programs, such as Medicare and Medicaid.
Addressing our nation's fiscal challenges is essential to building an economic future.This and other ideas are laid out in Pete Peterson’s latest book.
https://www.pgpf.org/blog/charting-a-new-course-for-americas-economic-future
The federal deficit is growing during a period of economic expansion — a pattern that is highly unusual.
https://www.pgpf.org/blog/2018/12/the-risks-of-running-up-deficits-when-the-economy-is-good
On our current path, CBO projects that deficits will reach $1.0 trillion by 2022 and total $10.1 trillion over the next ten years.
https://www.pgpf.org/analysis/2017/06/cbo-unsustainable-deficits-threaten-future-economic-growth
CBO projects that, on our current path, deficits will reach $1 trillion by 2023 and total $9.4 trillion over the next ten years.
https://www.pgpf.org/analysis/2017/01/CBO-warns-deficits-will-reach-1-trillion-in-2023
While this budget would be a step in the right direction, it does not adequately address the underlying structural imbalance that defines our fiscal outlook.
Over the last four decades, federal grants to state and local governments have made up about 17 percent of their total revenues.
A range of coverage & analysis looking at what this news means for America's long-term fiscal outlook
https://www.pgpf.org/blog/2016/01/recommended-reading-cbo-highlights-the-return-to-rising-deficits