9 Charts That Show How Our Fiscal Outlook Has Gone from Bad to Worse
Significant damage was done to America’s fiscal outlook over the past year.
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Significant damage was done to America’s fiscal outlook over the past year.
As policymakers prepare to release legislative details about tax reform, American voters remain concerned about the nation’s fiscal health.
https://www.pgpf.org/press-release/2017/10/fci-press-release
Americans’ fiscal confidence is at its lowest point since August 2015, according to the Peter G. Peterson Foundation’s February Fiscal Confidence Index.
https://www.pgpf.org/press-release/2018/02/fci-press-release
While Congress and the President move forward on a budget deal that will add $1.7 trillion to the debt over the next 10 years, voters across party lines are increasingly concerned about the nation’s finances.
https://www.pgpf.org/press-release/2019/07/fci-press-release
This project follows working-age adults over time to understand how economic, demographic and policy changes are impacting their retirement preparation. It also projects their financial outcomes at older ages to understand the implications of these changes on their future retirement security.
Through a survey, this project assesses worker sentiments about technological advances, training opportunities and responsibility for preparing workers for a changing economy. It provides results for non-Hispanic white, African American, Latinx and Asian American/Pacific Islander populations.
By 2050, the US will be very different than it is today. Adults aged 65 and over will outnumber children under the age of 18, and our population will be much more racially and ethnically diverse, the young much more so than the old. With those changing demographics as a backdrop, the US 2050 project examines the socioeconomic developments and fiscal choices we make today that will determine standards of living decades from now.
By 2050, the US will be very different than it is today. Adults aged 65 and over will outnumber children under the age of 18, and our population will be much more racially and ethnically diverse, the young much more so than the old. With those changing demographics as a backdrop, the US 2050 project examines the socioeconomic developments and fiscal choices we make today that will determine standards of living decades from now.
It’s important for lawmakers to consider the many available policy options for improving that outlook.
https://www.pgpf.org/blog/2018/12/121-ways-we-can-reduce-the-deficit-according-to-cbo
This paper models how disability-free and disabled life expectancy — broken into mildly- and severely-disabled spells at older ages — vary by socioeconomic characteristics. It then discusses the impact of these findings on the finances of Social Security, Medicare and Medicaid.