Flirting with Default: Issues Raised by Debt Confrontations in the United States
A new collection of papers, prepared by the PIIE, explores the consequences of sustained U.S. fiscal uncertainty on the national and global economy.
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A new collection of papers, prepared by the PIIE, explores the consequences of sustained U.S. fiscal uncertainty on the national and global economy.
One of the largest drivers of that rising debt is federal spending on major healthcare programs, such as Medicare and Medicaid.
Two of America’s top economists said Monday that while the U.S. faces a complex mix of fiscal and economic challenges, they don’t see an immediate threat of recession.
“It’s a positive step to see proposals which raise the debt ceiling while also beginning to address our unsustainable fiscal outlook," said Michael A. Peterson.
https://www.pgpf.org/press-release/2023/04/peterson-foundation-statement-on-debt-ceiling-proposals
Modeled after the Consumer Confidence Index, the Fiscal Confidence Index is a national survey that measures public opinion about the national debt.
https://www.pgpf.org/content/fiscal-confidence-index-august-2023-results
PGPF has released a new infographic that illustrates the results from this year's Solutions Initiative III project on stabilizing our long-term fiscal outlook.
https://www.pgpf.org/blog/new-pgpf-infographic-solutions-do-exist
Higher short- and long-term Treasury rates mean that the federal government's borrowing costs will also rise.
The new numbers demonstrate the severe economic damage and significant fiscal implications of this unprecedented crisis.
What are the potential consequences of not raising the debt limit?
https://www.pgpf.org/analysis/2015/03/risking-the-recovery-debt-limit-uncertainty-returns
National security is both a vital priority and a significant part of the federal budget.
https://www.pgpf.org/infographic/infographic-the-facts-about-us-defense-spending