How is the Debt Limit Deal Affecting a Potential Government Shutdown?
Fiscal year 2024 has already begun and lawmakers will need to find a permanent solution to continue funding government activities beyond the expiration of the CRs.
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Fiscal year 2024 has already begun and lawmakers will need to find a permanent solution to continue funding government activities beyond the expiration of the CRs.
The Peterson Foundation has prepared analysis based on those reports, illustrating the key data points with pertinent chart information.
https://www.pgpf.org/blog/2015-social-security-medicare-trustees-reports-charts-and-analysis
Significant majorities of voters across party lines agree that a commission would strengthen Social Security, lower borrowing costs, and improve our economic outlook.
There’s no doubt America’s fiscal problems are serious and significant, but CBO’s assortment of options offers lawmakers a deep playbook of spending and revenue changes that would put us on a better path.
https://www.pgpf.org/blog/2023/02/76-options-to-reduce-the-federal-deficit
Mounting federal debt can cause interest rates to rise significantly, according to a new report released by the American Enterprise Institute (AEI).
https://www.pgpf.org/blog/2022/12/the-rising-national-debt-drives-up-interest-rates
Debt held by the public totaled 97 percent of gross domestic product (GDP) at the end of 2022 and is on track to exceed its previous all-time high.
https://www.pgpf.org/blog/2023/10/why-history-shows-the-united-states-will-not-grow-out-of-its-debt
Part of the problem when discussing America’s long-term debt is that it is often confused with short-term deficits.
https://www.pgpf.org/blog/2016/08/have-the-debt-and-deficits-gotten-better
The economic turbulence in the United Kingdom demonstrates that fiscal responsibility is increasingly important in an era of high inflation and rising interest rates.
The IMF raises concerns that progress on important fiscal issues is being hampered by political dysfunction in Washington.
Governance issues can harm the U.S. economy as well as decrease the country’s standing in financial markets, which has implications for interest costs and the nation’s fiscal sustainability.
https://www.pgpf.org/blog/2023/10/bad-governance-could-be-making-our-debt-problems-worse