Healthcare Costs Are a Major Driver of the National Debt and Here’s Why
One of the largest drivers of that rising debt is federal spending on major healthcare programs, such as Medicare and Medicaid.
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One of the largest drivers of that rising debt is federal spending on major healthcare programs, such as Medicare and Medicaid.
CBO estimates that the national debt would climb from 78% of gross domestic product (GDP) in 2018 to 87% of GDP by 2029 under the president's policies.
https://www.pgpf.org/blog/2019/05/cbo-trump-budget-uses-overly-optimistic-economic-assumptions
Our fiscal situation was already unsustainable, but COVID-19 certainly did not help. Learn how the pandemic compounded our financial challenges in 13 charts.
https://www.pgpf.org/blog/2020/12/13-charts-that-tell-the-fiscal-story-of-2020
As a large portion of the American population lives well beyond retirement age, the total cost of providing healthcare will grow as well.
https://www.pgpf.org/blog/2022/12/how-does-the-aging-of-the-population-affect-our-fiscal-health
In FY23 the federal government officially incurred a budget deficit of $1.7 trillion — about $320 billion higher than last year's amount.
https://www.pgpf.org/blog/2023/12/americas-underlying-deficit-doubled-in-fiscal-year-2023
A new paper from Manhattan Institute’s Brian Riedl examines ways to raise revenue from high-income Americans.
The Farm Bill provides an opportunity for policymakers to comprehensively address agricultural, food, conservation, and other issues.
We asked 10 respected policy experts from across the ideological spectrum to share their views on a fiscal commission. Here are the key takeaways.
https://www.pgpf.org/blog/2023/11/what-the-experts-are-saying-about-a-bipartisan-fiscal-commission
Lawmakers have previously implemented various forms of caps to restrain spending and such efforts have been effective at times
https://www.pgpf.org/blog/2023/10/do-budget-caps-work-6-ways-to-make-them-more-effective
The Financial Times and the Peterson Foundation have wrapped up a year-long initiative to track voter sentiment on economic and fiscal issues.