Lessons Learned: Setting a Bipartisan Fiscal Commission Up for Success
A group of respected policy experts share their views on how a bipartisan fiscal commission could help break the cycle of governing by crisis.
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A group of respected policy experts share their views on how a bipartisan fiscal commission could help break the cycle of governing by crisis.
In around six years, the national debt will likely exceed its all-time high of 106 percent of gross domestic product (GDP), which occurred in 1946.
“The national debt is already $34 trillion, but as it grows over the next three decades, we’ll spend more than double that on interest alone,” said Michael A. Peterson.
https://www.pgpf.org/press-release/2024/03/fci-press-release
Although the debt affects each of us, it may be difficult to put such a large number into perspective and fully understand its implications.
https://www.pgpf.org/infographic/the-national-debt-is-now-more-than-35-trillion-what-does-that-mean
“The Solutions Initiative 2024 shows that there is widespread agreement that America’s fiscal challenges are both unsustainable and solvable, and we have many good options to chart a brighter future for our country," said Michael A. Peterson.
Waiting to act raises the cost of stabilizing the debt.
Our fiscal situation was already unsustainable, but COVID-19 certainly did not help. Learn how the pandemic compounded our financial challenges in 13 charts.
https://www.pgpf.org/blog/2020/12/13-charts-that-tell-the-fiscal-story-of-2020
The projected shortfall of future Social Security revenues is the result of political action, not the absence of policy options for addressing this issue.
The Associate will play an important role in communications strategy, communications research, project coordination, event development, internal communications strategy, and operational communications such as email list management.
https://www.pgpf.org/about/careers/associate-communications-and-public-affairs
The country’s fiscal trajectory got notably worse over the past year.