Analysis: Higher Interest Rates & the National Debt
There will be a number of consequences from a gradual increase in the federal funds rate over time.
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There will be a number of consequences from a gradual increase in the federal funds rate over time.
The President released his annual budget today, outlining the Administration's policy proposals, budgetary projections, and economic forecasts for 2015 through 2024.
https://www.pgpf.org/analysis/analysis-of-the-presidents-fiscal-year-2015-budget
The combined Old Age and Survivors’ Insurance and Disability Insurance Trust Funds, commonly referred to as the “Social Security Trust Funds,” will be fully depleted by 2033.
https://www.pgpf.org/analysis/social-security-faces-major-financial-challenges
During the final debates, it's up to us to pay attention to how our presidential candidates’ plans could impact America's future. While the budget and economy were already major topics, the upcoming debates will highlight national security and a range of other issues — both foreign and domestic — that also have implications for our long-term fiscal health.
https://www.pgpf.org/budget-basics/how-does-our-debt-affect-americas-foreign-policy
America faces a growing crisis. Our federal government has accumulated a $13.6 trillion debt over the last few decades, and this debt is expected to grow significantly in coming years.
The nonpartisan Congressional Budget Office projects that the federal debt could reach 175% of GDP by 2040.
https://www.pgpf.org/analysis/congressional-budget-offices-2015-long-term-budget-outlook
Despite higher healthcare spending per capita, the U.S. generally does not have better health outcomes.
https://www.pgpf.org/chart-archive/0252_health_outcomes_spending
Healthcare expenditures in the U.S. are much higher than those of other developed countries.
https://www.pgpf.org/chart-archive/0170_international_health_spending_comparison
Life expectancy at birth in the United States is lower than in other developed countries, despite higher healthcare costs.
https://www.pgpf.org/Chart-Archive/0201_us_lifeexpectancy_low_despite_cost
Although the United States spends more on healthcare than other developed countries, its health outcomes are generally no better.