Economists Agree: The National Debt is a Long-Term Concern for America
Although a range of views exists about optimal near-term fiscal policy, economists agree that America's mounting debt presents significant challenges.
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Although a range of views exists about optimal near-term fiscal policy, economists agree that America's mounting debt presents significant challenges.
The Peter G. Peterson Foundation’s October Fiscal Confidence Index dropped to its lowest-ever point in October, reflecting increasingly negative public sentiment following the government shutdown and debt ceiling brinksmanship.
https://www.pgpf.org/press-release/2013/10/fci-press-release
Over the past decade, trillions of dollars were added to the national debt. Much of that growth in debt occurred as a result of the Great Recession.
https://www.pgpf.org/blog/2019/12/9-trillion-added-to-the-national-debt-over-the-last-decade
The 2014 mid-term elections may be over, but America's long-term fiscal and economic challenges remain.
https://www.pgpf.org/analysis/lame-duck-deadlines-and-long-term-priorities
The new numbers demonstrate the severe economic damage and significant fiscal implications of this unprecedented crisis.
The bill as written would move up the date we return to trillion dollar deficits by two years, to 2020.
The Peter G. Peterson Foundation has partnered with POLITICO to present the next Morning Money Breakfast Briefing.
https://www.pgpf.org/events/politico-morning-money-breakfast-briefing
Fiscally responsible tax reform essential to America’s economic growth and long-term prosperity
A large, comprehensive plan that addresses our long-term structural deficits is clearly the best way forward for America’s future economy. However, more modest proposals, which would begin to take meaningful steps towards putting our debt on a sustainable path, would also be worthwhile.
https://www.pgpf.org/budget-basics/budget-conference-committee-fiscal-options-are-available
PGPF has released a new infographic that illustrates the results from this year's Solutions Initiative III project on stabilizing our long-term fiscal outlook.
https://www.pgpf.org/blog/new-pgpf-infographic-solutions-do-exist