How Much Does the United States Spend on Prescription Drugs Compared to Other Countries?
The U.S. spends twice as much on prescription drugs as other comparatively wealthy nations, on average.
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The U.S. spends twice as much on prescription drugs as other comparatively wealthy nations, on average.
The new numbers demonstrate the severe economic damage and significant fiscal implications of this unprecedented crisis.
Recent news stories have highlighted the good news that very near-term deficits are decreasing. That good news, unfortunately, will be short-lived.
https://www.pgpf.org/blog/2014/02/good-news-about-improving-deficits-will-be-short-lived
Over the weekend President Trump signed executive actions related to unemployment insurance, payroll tax relief, student debt, and housing evictions.
https://www.pgpf.org/blog/2020/08/coronavirus-executive-order-highlights-our-broken-budget-process
With our economy in recovery, the national debt rising unsustainably, the country still grappling with a devastating pandemic, and lawmakers pursing significant new legislation, America faces many critical questions for its future. To shed light on the best way forward, two top economists participated in a panel discussion as part of the latest edition of the Peterson Foundation Economic Forum.
When most Americans think about businesses in this country, the word “corporation” may come to mind — but the truth is that the vast majority of businesses in the United States are not structured as traditional corporations, but as pass-through entities.
Mounting federal debt can cause interest rates to rise significantly, according to a new report released by the American Enterprise Institute (AEI).
https://www.pgpf.org/blog/2022/12/the-rising-national-debt-drives-up-interest-rates
Real GDP could have contracted by an annualized 46.2 percent in the second quarter if there had not been any fiscal response.
https://www.pgpf.org/blog/2023/04/how-did-the-fiscal-response-to-the-coronavirus-help-the-economy
While nearly all Americans pay taxes, the composition of the type of taxes paid is very different for taxpayers at various points in the income distribution.
https://www.pgpf.org/blog/2020/07/how-does-the-tax-system-work
Federal Reserve Chairman Jerome H. Powell expressed concern about America's fiscal outlook and how it may affect our economic future.