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Family Incomes Reduced by Federal Debt
The growing federal debt could reduce family incomes substantially.
https://www.pgpf.org/Chart-Archive/0203_federal-debt-affects-income
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The growing federal debt could reduce family incomes substantially.
https://www.pgpf.org/Chart-Archive/0203_federal-debt-affects-income
“CBO has once again provided clear evidence that we must do something about America’s dangerous fiscal situation," Michael A. Peterson, CEO of the Peter G. Peterson Foundation, said.
https://www.pgpf.org/press-release/2019/01/peterson-foundation-cbo-confirms-dangerous-fiscal-path
The fraction of children who earn more than their parents has decreased over time.
Today, the nonpartisan Congressional Budget Office (CBO) released its Long-Term Budget Outlook, which offers a look at the nation’s fiscal health through 2052.
Responsible fiscal policy can play an important complementary role to monetary policy in helping to moderate inflation.
https://www.pgpf.org/blog/2023/03/how-can-fiscal-policy-help-reduce-inflation
Deficits would be even higher under an alternative fiscal scenario.
Medical spending increases rapidly with age.
https://www.pgpf.org/chart-archive/0020_medical-spending-by-age
Federal debt would grow rapidly if current policies were continued.
https://www.pgpf.org/chart-archive/0300_debt_current_policies
Solutions Initiative 2019: Projected Federal Debt
https://www.pgpf.org/chart-archive/0279_solutions_initiative_2019
The Peterson Foundation’s 2012 Fiscal Summit features the nation’s leading experts and elected officials in discussions about the fiscal, economic, and political crossroads facing the country.
https://www.pgpf.org/press-release/2012/05/peterson-foundation-to-convene-3rd-annual-fiscal-summit