Solutions Initiative III: Projected Federal Debt Through 2040
PGPF Solutions Initiative III plans from five think tanks show declining federal debt through 2039.
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PGPF Solutions Initiative III plans from five think tanks show declining federal debt through 2039.
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.
The results of the Peterson Foundation’s Solutions Initiative III are in: researchers from five leading think tanks agree that there are many ways to stabilize the nation’s long-term debt.
The 114th Congress has a new opportunity to address our debt and long-term fiscal challenges, strengthen our economy, and put our nation's fiscal future on a sustainable path.
Policymakers should build on the bipartisanship of this Act to work towards passing fiscal reforms that will put our nation on a sustainable fiscal path.
https://www.pgpf.org/analysis/understanding-the-bipartisan-budget-act-of-2015
Detailed analysis of the fiscal impact of the Fed's December 2015 rate increase.
https://www.pgpf.org/blog/pgpf-analysis-on-higher-interest-rates-the-national-debt
Social Security is the largest single federal program, and accounts for approximately one quarter of all federal spending.
https://www.pgpf.org/blog/celebrating-social-securitys-80th-anniversary
Policymakers should work together to stabilize and strengthen this important program for generations to come.
https://www.pgpf.org/analysis/trustees-warn-social-security-faces-major-imbalances
The IMF raises concerns that progress on important fiscal issues is being hampered by political dysfunction in Washington.
An op-ed by PGPF Founder and Chairman Pete Peterson is featured today in USA Today.
https://www.pgpf.org/blog/pete-peterson-op-ed-on-greek-crisis-in-usa-today