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Recent news stories have highlighted the good news that very near-term deficits are decreasing. That good news, unfortunately, will be short-lived.
https://www.pgpf.org/blog/2014/02/good-news-about-improving-deficits-will-be-short-lived
The budget would achieve some deficit reduction on paper under the administration's calculations, but it fails to address the key drivers of our debt.
Here are some important questions that the moderator could ask at the final debate to start the conversation about our nation’s most pressing fiscal concerns.
The pandemic has caused a public health crisis as well as substantial economic disruption. So far, lawmakers have enacted six separate pieces of legislation.
Since March 15, more than 65 million claims for regular unemployment insurance have been filed due to COVID-19. Find weekly updated statistics here.
The total cost of the Tax Cuts and Job Act is estimated to be $1.7 trillion between 2018 and 2027.
https://www.pgpf.org/blog/2017/11/what-the-interest-on-deficit-funded-tax-legislation-would-cost
Although a return to a normalized interest environment is a good sign for the strength of the economy, rate increases will make it more expensive to borrow.
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
The Stockton University team took first prize for its innovative campaign to educate and engage millennials on how to address America's long-term national debt.
https://www.pgpf.org/blog/stockton-university-wins-2015-up-to-us-college-campus-competition