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Highest ranking economic officials from both parties foresee another U.S. economic crisis within 10 years unless the country takes immediate action on structural deficit.
Once we have a plan in place that reduces spending and increases revenues, a strong annual budget process for the government would help us stay on track.
https://www.pgpf.org/budget-basics/fixing-the-budget-process
Here are some important questions that the moderator could ask at the final debate to start the conversation about our nation’s most pressing fiscal concerns.
The U.S. spent $187 billion on interest payments alone in 2009.
79% agree that a presidential candidate from their party should make the debt one of the top 3 priorities of his or her campaign.
https://www.pgpf.org/blog/2016/03/poll-voters-want-candidates-to-address-national-debt
While a 10-year window is currently the standard, the number of years covered by budget resolutions has varied.
The rapid growth in health care costs is the largest and fastest growing fiscal challenge.