Costs of Delaying Fiscal Reform
Waiting to act raises the cost of stabilizing the debt.
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Waiting to act raises the cost of stabilizing the debt.
Our fiscal situation was already unsustainable, but COVID-19 certainly did not help. Learn how the pandemic compounded our financial challenges in 13 charts.
https://www.pgpf.org/blog/2020/12/13-charts-that-tell-the-fiscal-story-of-2020
The latest budget outlook released by CBO is the first to fully capture the budgetary impact of the pandemic.
Interest costs are on track to become the largest category of spending in the federal budget.
https://www.pgpf.org/budget-basics/what-are-interest-costs-on-the-national-debt
“Today’s CBO report confirms that major damage was done to our fiscal outlook in just the past few months," said Michael A. Peterson, President and CEO of the Peter G. Peterson Foundation.
The country’s fiscal trajectory got notably worse over the past year.
Become a fiscal leader to help educate and inspire others on the importance of improving our fiscal policy.
"The single most crucial ingredient in a successful commission is complete buy-in from the leadership of both parties," writes Brian Riedl
The Fiscal Internship Program engages college students in fiscal policy by providing them with first-hand research experience at public policy institutions in Washington, D.C.
https://www.pgpf.org/what-we-are-doing/grants/pgpf-fiscal-internship-program-in-washington-dc
We asked respected policy experts from across the ideological spectrum to share their views on why a commission is needed, how it should be structured, and which policies could help stabilize the debt.