The U.K. Economic Crisis Proves That Debt Matters, Even for the United States
The economic turbulence in the United Kingdom demonstrates that fiscal responsibility is increasingly important in an era of high inflation and rising interest rates.
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The economic turbulence in the United Kingdom demonstrates that fiscal responsibility is increasingly important in an era of high inflation and rising interest rates.
To illuminate what the latest economic indicators mean, connect the dots, and discuss how CBO analysis helps policymakers, CBO Director Phillip Swagel joined Peterson Foundation CEO Michael Peterson for the latest Economic Forum.
This year’s report demonstrates why lawmakers should focus their attention toward improving our nation’s debt path as soon as possible.
https://www.pgpf.org/blog/2019/07/why-the-2019-long-term-budget-outlook-is-more-bad-news
The report highlights the structural misalignment in the country’s budget and the resulting unsustainable fiscal trajectory.
The nonpartisan Congressional Budget Office (CBO) released its 2019 Long-Term Budget Outlook, highlighting the significant fiscal challenges facing our nation.
https://www.pgpf.org/blog/2019/06/five-key-takeaways-from-the-cbo-long-term-outlook
Since its establishment in 1935, Social Security has grown to become the largest program in the federal budget.
https://www.pgpf.org/blog/2023/02/social-security-reform-should-we-reduce-benefits
The U.S. spends twice as much on prescription drugs as other comparatively wealthy nations, on average.
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.
The bill as written would move up the date we return to trillion dollar deficits by two years, to 2020.
An analysis of the findings, and the official Foundation statement from President and CEO Michael A. Peterson.
https://www.pgpf.org/blog/pgpf-analysis-statement-on-cbo-january-2016-budget-economic-outlook