Dangers of Debt: How Our Fiscal Outlook Threatens The Economy
This panel convened voices from the private sector and academia to analyze the risk that high and rising debt poses to our economic future.
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This panel convened voices from the private sector and academia to analyze the risk that high and rising debt poses to our economic future.
Every month the U.S. Treasury releases data on the federal budget, including the current deficit. Here is the latest data for Fiscal Year 2024, charted out monthly and on a year-over-year basis.
The budget projections from the Congressional Budget Office (CBO) in August reaffirm the perilous path of deficits and debt expected over the next decade.
Although the debt affects each of us, it may be difficult to put such a large number into perspective and fully understand its implications.
https://www.pgpf.org/infographic/the-national-debt-is-now-more-than-35-trillion-what-does-that-mean
“Today’s CBO report confirms that major damage was done to our fiscal outlook in just the past few months," said Michael A. Peterson, President and CEO of the Peter G. Peterson Foundation.
The Associate Director, Communications and Public Affairs will play a central role in advancing the organization’s strategic communications objectives and plans, reporting to the Senior Vice President of Communications and Public Affairs.
https://www.pgpf.org/about/careers/associate-director-communications-and-public-affairs
Without income from Social Security, two thirds of the elderly would be considered poor.
https://www.pgpf.org/blog/2018/09/what-effect-does-social-security-have-on-poverty
America's economic rebound from the pandemic seems to have begun, according to Phillip Swagel, the director of the nonpartisan Congressional Budget Office.
With our economy in recovery, the national debt rising unsustainably, the country still grappling with a devastating pandemic, and lawmakers pursing significant new legislation, America faces many critical questions for its future. To shed light on the best way forward, two top economists participated in a panel discussion as part of the latest edition of the Peterson Foundation Economic Forum.
There is broad support among Democrats, Republicans and Independents for a bipartisan fiscal commission to address America's debt and deficit challenges according to a new poll commissioned by the Peter G. Peterson Foundation.