With Automatic Benefit Cuts Looming, Nearly All Voters Want Lawmakers to Reform Social Security
Social Security, America’s essential public retirement program, is on a path to depletion in less than 10 years.
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Social Security, America’s essential public retirement program, is on a path to depletion in less than 10 years.
Properly addressing the nation's aging infrastructure requires action not only at the federal level, but also at the state and local levels.
https://www.pgpf.org/blog/2023/04/state-and-local-infrastructure-spending-a-closer-look
Here are some notable trends showing how lower levels of government have spent some of their relief funds.
https://www.pgpf.org/blog/2022/01/how-have-states-used-their-direct-covid-relief-funds
While investing in a college education has undeniable, lifelong economic benefits, excessive levels of student debt can impose financial burdens on borrowers.
https://www.pgpf.org/blog/2021/05/10-key-facts-about-student-debt-in-the-united-states
Generally, states with larger populations have been receiving more federal dollars from COVID-19 relief programs as such states typically have more unemployed persons, small businesses, and healthcare providers to which that relief has been targeted.
https://www.pgpf.org/blog/2021/04/why-do-states-receive-different-amounts-of-federal-covid-aid
One key component of the $1.9 trillion package is an estimated $362 billion in federal aid to state, local, territorial, and tribal governments to cover expenditures incurred due to the public health emergency.
Unlike the federal government, which currently records $30 trillion in debt, most state governments have balanced budget requirements (BBRs) for their operating budgets which only permit borrowing for certain capital projects.
The U.S. economy was in its longest expansion since World War II. The pandemic, however, has altered that trajectory.
https://www.pgpf.org/blog/2020/05/how-the-coronavirus-has-affected-our-economic-outlook
A new report from The Volcker Alliance looks at fiscal practices at the state-government level.
https://www.pgpf.org/blog/new-report-truth-and-integrity-in-state-budgeting
Responsible fiscal policy can play an important complementary role to monetary policy in helping to moderate inflation.
https://www.pgpf.org/blog/2023/03/how-can-fiscal-policy-help-reduce-inflation