Pandemic Budget Crunch Could Force States to Slash Social Services, Education, Police Budgets, More
Without federal intervention, many services could be drastically reduced to meet balanced budget requirements.
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Without federal intervention, many services could be drastically reduced to meet balanced budget requirements.
CBO prepares what is known as an alternative fiscal scenario, which can be helpful in understanding a range of potential outcomes.
https://www.pgpf.org/blog/2019/09/what-is-an-alternative-fiscal-scenario
In 2022, America faces key questions about rising inflation, new COVID variants, growing national debt and an uncertain economic recovery. To help shed light on a complex set of factors and indicators, the Peterson Foundation brought together two leading experts for the latest edition of the Economic Forum.
Spending on healthcare in the United States has far outpaced other major healthcare systems without yielding better outcomes.
Lower levels of debt allow governments to respond more effectively to a recession or financial crisis.
These charts tell the fiscal story of 2021 — looking back at how our fiscal situation deteriorated over the past year and what challenges lie ahead.
The new numbers demonstrate the severe economic damage and significant fiscal implications of this unprecedented crisis.
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
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.
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.