92% of Voters More Likely to Support Candidates Backing a Fiscal Commission
Significant majorities of voters across party lines agree that a commission would strengthen Social Security, lower borrowing costs, and improve our economic outlook.
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Significant majorities of voters across party lines agree that a commission would strengthen Social Security, lower borrowing costs, and improve our economic outlook.
Interest rates on U.S. Treasury securities have a significant influence on federal borrowing costs.
https://www.pgpf.org/blog/2023/07/higher-interest-rates-could-cause-the-national-debt-to-skyrocket
One of the largest drivers of that rising debt is federal spending on major healthcare programs, such as Medicare and Medicaid.
A strong fiscal outlook is an essential foundation for a thriving economy. Putting our nation on a sustainable fiscal path creates a positive environment for growth, opportunity and prosperity.
https://www.pgpf.org/the-fiscal-and-economic-challenge/fiscal-and-economic-impact
These charts tell the fiscal story of 2022 — looking back at how our fiscal situation deteriorated over the past year and what challenges lie ahead.
In 2008, the Peter G. Peterson Foundation was established with the goal of preserving the American Dream for the next generation. My father saw our high and rising debt as a transcendent threat to our future economy – posing a risk to every American, and our leadership role in the world.
The treatment of carried interest continues to be one of the most controversial elements of the U.S. tax code.
Solutions Initiative 2019: Projected Federal Debt
https://www.pgpf.org/chart-archive/0279_solutions_initiative_2019
The Congressional Budget Office (CBO) released updated budget and economic projections, which incorporate the effects of higher interest rates, annual appropriations, and other recent legislative and economic developments.
Tax expenditures can come in the form of exclusions, exemptions, deductions, and credits.