What’s the Difference between a Government Shutdown and the Debt Limit?
A government shutdown is costly, but failing to raise the debt limit could have more severe and lasting consequences.
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A government shutdown is costly, but failing to raise the debt limit could have more severe and lasting consequences.
CBO projects that, on our current path, deficits will reach $1 trillion by 2023 and total $9.4 trillion over the next ten years.
https://www.pgpf.org/analysis/2017/01/CBO-warns-deficits-will-reach-1-trillion-in-2023
My Two Cents Day, part of the Up to Us campaign sponsored by the Peter G. Peterson Foundation in partnership with the Clinton Global Initiative University (CGI U) and Net Impact, is a student-led effort to engage, educate and inspire action among the generation most impacted by the nation’s long term fiscal and economic health.
https://www.pgpf.org/press-release/2015/02/thousands-of-college-students-unite-to-offer-my-two-cents
CBO projects that federal debt will remain at historically high levels over the next decade under current laws and warns that such high levels of debt could harm the economy.
https://www.pgpf.org/analysis/cbo-warns-deficit-drop-is-temporary
The Peter G. Peterson Foundation issues a statement on the passage of health care reform legislation.
The next president will face complex fiscal and economic realities.
https://www.pgpf.org/blog/2016/05/clinton-and-trump-advisors-talk-about-the-national-debt
The study examines the most recent version of Patient Protection and Affordable Care Act and the House-passed Affordable Health Care for America Act, and it provides the first long-term comparative analysis of the costs of the House and Senate health care reform legislation.
Viewed in aggregate, our tax system is generally progressive.
https://www.pgpf.org/blog/2016/04/what-kinds-of-taxes-do-americans-pay
The Trustees urge lawmakers to enact legislation soon to put Medicare on a sustainable path.
The Trustees warn that Congress and the Administration should work "with a sense of urgency" to put the program on a sustainable path.
https://www.pgpf.org/analysis/the-medicare-trustees-report-in-charts