Why is the U.S. Fiscal Outlook More Daunting Now than After World War II?
In around six years, the national debt will likely exceed its all-time high of 106 percent of gross domestic product (GDP), which occurred in 1946.
The search found 153 results in 0.209 seconds.
In around six years, the national debt will likely exceed its all-time high of 106 percent of gross domestic product (GDP), which occurred in 1946.
Without reform, Medicare spending will continue to rise over the coming years — threatening the HI Trust Fund and placing immense pressure on the federal budget.
Today, the Social Security and Medicare Trustees released their annual reports on the programs’ financing, showing that the future of these vital programs remain at risk.
https://www.pgpf.org/blog/2024/05/social-security-and-medicare-are-facing-serious-shortfalls
A group of respected policy experts share their views on how a bipartisan fiscal commission could help break the cycle of governing by crisis.
The end of 2023 marks another year that the country has failed to improve its daunting fiscal outlook.
The Treasury projects that debt as a percentage of GDP will grow to more than five times the size of the U.S. economy in the next 75 years.
https://www.pgpf.org/blog/2024/03/delaying-fiscal-reform-is-costly-annual-treasury-report-warns
At the end of May, the nonpartisan Congressional Budget Office (CBO) released new projections of the nation’s fiscal and economic outlook, their first report since July 2021.
https://www.pgpf.org/blog/2022/06/8-startling-facts-about-the-us-fiscal-outlook
The outlook for the federal budget has worsened considerably since last year.
https://www.pgpf.org/blog/2016/01/three-takeaways-from-cbos-budget-and-economic-outlook
There are a number of key fiscal issues not only facing the current Congress in coming weeks, but also awaiting the new Congress.
These charts tell the fiscal story of 2022 — looking back at how our fiscal situation deteriorated over the past year and what challenges lie ahead.