The Economic and Fiscal Road Ahead
The most precious asset the nation has is its people. But we are leaving far too many behind.
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The most precious asset the nation has is its people. But we are leaving far too many behind.
This panel convened voices from the private sector and academia to analyze the risk that high and rising debt poses to our economic future.
The nonpartisan CBO projects that the federal debt would reach 183% of GDP within 25 years.
https://www.pgpf.org/analysis/congressional-budget-offices-2014-long-term-budget-outlook
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 Peter G. Peterson Foundation’s Fiscal Summit is the premier annual gathering dedicated to addressing our nation’s long-term debt and improving our economic future. Debuting in 2010, the Summit is a key event for the foundation to build consensus and support for putting America on a sustainable fiscal path.
The latest budget outlook released by CBO is the first to fully capture the budgetary impact of the pandemic.
"A fiscal commission is most likely to succeed if the broader public is involved in the process," writes Sita Slavov.
"It is easy to look at the state of American politics and feel despair. Instead, we should be motivated to solve big problems," writes Robert Portman
Debt will continue to accumulate unless reforms are undertaken.
The first important determinant of a country’s fiscal health is its financing costs.