Why Fiscal Space Matters
Lower levels of debt allow governments to respond more effectively to a recession or financial crisis.
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Lower levels of debt allow governments to respond more effectively to a recession or financial crisis.
The latest OMB report marks the first time that the administration has acknowledged that deficits will surpass $1 trillion in the near term.
https://www.pgpf.org/blog/2018/07/trump-administration-acknowledges-trillion-dollar-deficits
This project examines the role immigrants play in health and caregiving and builds on research that suggests that elderly individuals living in immigrant-dense areas are more likely to both “age in place” and enjoy lower mortality. It explores how immigration policy will affect the caregiving labor force in 2050 and how those labor force effects could affect the health of the elderly population.
https://www.pgpf.org/us-2050/research-projects/Immigration-and-Tomorrows-Elderly
This project examines the impact on labor force participation, hours worked and earnings of adult children when they decide to provide unpaid care for older parents. It also assesses the overall employment-related opportunity cost of unpaid family care in the United States today and through 2050.
Every month the U.S. Treasury releases data on the federal budget, including the current deficit. Here is the data for April 2019.
https://www.pgpf.org/the-current-federal-budget-deficit/budget-deficit-april-2019
Every month the U.S. Treasury releases data on the federal budget, including the current deficit. Here is the data for May 2019.
https://www.pgpf.org/the-current-federal-budget-deficit/budget-deficit-may-2019
How do the House Budget and the President’s Budget differ?
This paper seeks to understand how the option of co-residing with parents affects young people’s decisions to migrate. It compares labor and housing market conditions in the areas young people leave to those conditions in areas they migrate to when deciding to co-reside with parents. It also considers role of other potential benefits of co-residence.
Today, the Congressional Budget Office released its Update to the Budget and Economic Outlook: 2015-2025, which projects that federal debt will rise to 77 percent of GDP in 2025, a historically high level of debt that threatens economic growth over the long term.
A newly released poll by the Peter G. Peterson Foundation shows that voters overwhelmingly support bipartisan action to reduce our national debt, and are willing to make personal sacrifices to help achieve that goal. These responses paint a stark contrast with the political gridlock and polarizing rhetoric that we have seen in Washington recently — and are likely to see during the 2012 election cycle.