Aging of the Baby Boom Generation
The aging of the baby boom generation will boost the number of Americans age 65 and older.
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The aging of the baby boom generation will boost the number of Americans age 65 and older.
The elderly population is growing rapidly and living longer.
https://www.pgpf.org/chart-archive/0045_elderly-population-trends
The Administration uses rosy economic assumptions.
https://www.pgpf.org/chart-archive/0268_rosy_economic_assumptions
“Today’s report provides a troubling snapshot of America’s fiscal outlook, which we know will only get worse from here,” said Michael A. Peterson, CEO of the Peter G. Peterson Foundation.
https://www.pgpf.org/press-release/2021/03/peterson-statement-on-cbos-long-term-outlook
Peter G. Peterson Foundation writes an op-ed about debt solutions for POLITICO.
https://www.pgpf.org/press-release/2011/11/op-ed-real-debt-solution-must-go-long
Recent budget reforms have not significantly improved the nation’s long-term fiscal outlook, according to a report released today by the Peter G. Peterson Foundation.
If we regard the U.S. government as a firm, this firm is in a sticky situation in which the valuation of its cash flows is below the amount of its outstanding liability.
The latest report from the nonpartisan Congressional Budget Office (CBO) reiterates that the federal budget is on an unsustainable trajectory.
The Peterson-Pew Commission on Budget Reform's second report, Getting Back in the Black, offers a detailed set of options to reform the federal budget process.
https://www.pgpf.org/what-we-are-doing/grants/peterson-pew-commission-report
Powell noted that the current economic expansion is the longest on record and emphasized the need to consider the long-term implications of fiscal policy.