The U.S. Faces Looming Fiscal Crisis
Last year, the U.S. deficit of $1.4 trillion or 9.9 percent of gross domestic product, was the largest since the end of World War II.
https://www.pgpf.org/analysis/2009/04/the-us-faces-looming-fiscal-crisis
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Last year, the U.S. deficit of $1.4 trillion or 9.9 percent of gross domestic product, was the largest since the end of World War II.
https://www.pgpf.org/analysis/2009/04/the-us-faces-looming-fiscal-crisis
Controlling our structural budget deficits will require major changes in budget policy.
https://www.pgpf.org/budget-basics/state-of-the-unions-finances/the-elements
As lawmakers look pursue a range of policy priorities, there are a number of fiscal concerns on the calendar over the coming months.
https://www.pgpf.org/blog/2017/03/the-fiscal-month-in-review-busy-months-ahead-for-legislators
This project assesses how the number of children a person has affects eventual demand for formal caregiving facilities. It suggests that the lower fertility of the Baby Boom generations is likely to lead to greater demand for formal caregiving in coming decades.
Now that the hard-fought election is over, lawmakers face a series of pressing fiscal and budgetary issues in the New Year.
https://www.pgpf.org/blog/2016/11/fiscal-advice-to-the-next-president
During the final debates, it's up to us to pay attention to how our presidential candidates’ plans could impact America's future. While the budget and economy were already major topics, the upcoming debates will highlight national security and a range of other issues — both foreign and domestic — that also have implications for our long-term fiscal health.
https://www.pgpf.org/budget-basics/how-does-our-debt-affect-americas-foreign-policy
Polls show that voters are concerned about the nation’s fiscal health and would like to hear substantive plans from the candidates.
https://www.pgpf.org/blog/2016/10/voters-still-waiting-for-long-term-fiscal-plans
Brian Riedl, a senior fellow at the Manhattan Institute, details the three key ingredients for negotiating a deficit-reducing budget deal.
"The Senate has squandered an opportunity to pass fiscally responsible tax reform," said Michael A. Peterson, President and CEO of the Peter G. Peterson Foundation.
Financing the debt will become more burdensome now that interest rates have returned to their pre-pandemic levels.