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.
Lower levels of debt allow governments to respond more effectively to a recession or financial crisis.
Fitch Ratings recently downgraded the U.S. long-term credit rating from its top mark of AAA to AA+.
https://www.pgpf.org/blog/2023/08/what-the-fitch-downgrade-says-about-our-fiscal-challenges
The legislative response to COVID-19 has been an essential part of supporting Americans and the economy through the crisis. However, states are now navigating how to avoid a budget shortfall (sometimes referred to as a “fiscal cliff”) once federal aid wanes.
https://www.pgpf.org/blog/2022/06/what-happens-to-state-governments-when-federal-funds-run-out
As Congress prepares to reconvene next week, lawmakers prepare for conflicts over the approaching fiscal year end.
https://www.pgpf.org/blog/2016/08/this-month-in-fiscal-news-august-2016
As the coronavirus (COVID-19) pandemic took hold, economic activity slowed and tax revenues in most states began to decline.
https://www.pgpf.org/blog/2020/12/state-tax-revenues-took-a-hit-in-the-wake-of-the-pandemic
The coronavirus (COVID-19) pandemic has contributed to a significant budget crunch at the state level that threatens a range of basic government programs and services. Some states were better prepared than others to handle this crisis.
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