Recession Remedies in the Face of High Inflation
Well-designed fiscal policy should help the hardest-hit and most vulnerable families.
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Well-designed fiscal policy should help the hardest-hit and most vulnerable families.
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.
The Peter G. Peterson Foundation releases a statement on President Obama's consideration of a Bipartisan Commission.
“While these ideas represent a start, much more can be done to improve our budget process in order to help achieve more fiscally responsible policies," Michael A. Peterson, CEO of the Peter G. Peterson Foundation, said.
The successful candidate will bring an interest in federal fiscal policy as well as excellent writing and quantitative skills to the team. The job will mostly focus on creating and organizing content for distribution by the Foundation.
Every month the U.S. Treasury releases data on the federal budget, including the current deficit. Here is the data for February 2023.
https://www.pgpf.org/the-current-federal-budget-deficit/budget-deficit-february-2023
Making changes to defense, health care and Social Security will help us reduce our debt, and also leave money to fund other critical responsibilities and invest in our future.
https://www.pgpf.org/budget-basics/the-other-20-of-federal-spending
Interest rates on Treasury securities are rising faster than most economists anticipated earlier in the year, with potentially serious consequences for the nation’s fiscal position.
“As this crisis continues, lawmakers are taking necessary action to confront the pandemic and help our nation recover. At the same time, voters are very concerned about our nation’s fiscal and economic future,” said Michael A. Peterson, CEO of the Peterson Foundation.
https://www.pgpf.org/press-release/2020/05/fci-press-release