IMF Warns of Rising U.S. Debt
The IMF raises concerns that progress on important fiscal issues is being hampered by political dysfunction in Washington.
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The IMF raises concerns that progress on important fiscal issues is being hampered by political dysfunction in Washington.
The pandemic exposed major U.S. healthcare issues, but key lessons can help improve the system going forward, according to two leading experts.
Since March 15, more than 65 million claims for regular unemployment insurance have been filed due to COVID-19. Find weekly updated statistics here.
The latest OMB report marks the first time that the administration has acknowledged that deficits will surpass $1 trillion in the near term.
https://www.pgpf.org/blog/2018/07/trump-administration-acknowledges-trillion-dollar-deficits
All day long, student teams will employ a number of unique and engaging tactics for educating fellow students on the long-term national debt in creative ways.
https://www.pgpf.org/blog/college-students-nationwide-kick-off-up-to-us-with-my-two-cents-day
For the third successive year, student teams have joined Up to Us, a unique nationwide campus competition that gives young leaders a voice on fiscal issues.
https://www.pgpf.org/blog/3rd-annual-up-to-us-campus-competition-doubles-in-size
Powell noted that the current economic expansion is the longest on record and emphasized the need to consider the long-term implications of fiscal policy.
The total cost of the Tax Cuts and Job Act is estimated to be $1.7 trillion between 2018 and 2027.
https://www.pgpf.org/blog/2017/11/what-the-interest-on-deficit-funded-tax-legislation-would-cost
The budget would achieve some deficit reduction on paper under the administration's calculations, but it fails to address the key drivers of our debt.
There are separate limits on the amount of funding that can be provided for defense and nondefense purposes through the appropriation process.
https://www.pgpf.org/blog/2018/03/budget-process-reform-what-are-budget-caps