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The new numbers demonstrate the severe economic damage and significant fiscal implications of this unprecedented crisis.
With the election in the rearview mirror, a number of important fiscal and economic policy issues continued to simmer throughout November.
https://www.pgpf.org/blog/2016/12/the-fiscal-month-in-review-trump%E2%80%99s-fiscal-agenda
Inflation’s legacy of higher real interest rates poses a significant danger to the federal budget.
Eight new essays bring practical advice for congress and the administration to address America’s most pressing fiscal and economic challenges.
Inflation and interest rates will have important impacts on the long-term federal budget outlook.
The answer to how to address the multitude of challenges and their disproportionate impact is to pay for it — set priorities and ensure there is revenue to meet those priorities — not through smoke and mirrors or budget gimmicks.
https://www.pgpf.org/expert-views/americas-fiscal-and-economic-outlook/debt-matters
To illuminate what the latest economic indicators mean, connect the dots, and discuss how CBO analysis helps policymakers, CBO Director Phillip Swagel joined Peterson Foundation CEO Michael Peterson for the latest Economic Forum.
Americans remain highly concerned about the nation’s fiscal health, according to the Peter G. Peterson Foundation’s November Fiscal Confidence Index, a monthly measure of public attitudes about the nation’s long-term debt and the efforts elected leaders are making to address America’s fiscal challenges.
https://www.pgpf.org/press-release/2015/11/fci-press-release
"Even as both parties dream of sweeping the next election and imposing their own solution, the reality is that massive deficit reduction legislation requires bipartisan buy-in for public legitimacy and political sustainability," writes Brian Riedl.
The U.S. spends twice as much on prescription drugs as other comparatively wealthy nations, on average.