Celebrating Social Security's 80th Anniversary
Social Security is the largest single federal program, and accounts for approximately one quarter of all federal spending.
https://www.pgpf.org/blog/celebrating-social-securitys-80th-anniversary
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Social Security is the largest single federal program, and accounts for approximately one quarter of all federal spending.
https://www.pgpf.org/blog/celebrating-social-securitys-80th-anniversary
National debt could climb from 74% of GDP in 2014 to 166% of GDP in 2039.
https://www.pgpf.org/analysis/gao-sends-clear-warning-long-term-debt-is-on-an-unsustainable-path
The nonpartisan Congressional Budget Office projects that the federal debt could reach 175% of GDP by 2040.
https://www.pgpf.org/analysis/congressional-budget-offices-2015-long-term-budget-outlook
The Trustees urge lawmakers to enact legislation soon to put Medicare on a sustainable path.
Lawmakers should use the opportunities presented by the annual budgetary process to set policy priorities and provide more certainty about our nation’s fiscal policy.
A new paper explores policy options that foster greater economic opportunity and mobility.
https://www.pgpf.org/blog/new-report-policy-options-for-improving-economic-opportunity-and-mobility
The lack of a long-term solution for federal funding for transportation creates uncertainty, which is disruptive for the planning of construction projects.
https://www.pgpf.org/budget-basics/more-stop-and-go-financing-of-highway-trust-fund
Under the president’s budget, federal debt will remain historically high, roughly double its average over the past 50 years.
https://www.pgpf.org/analysis/presidents-budget-not-enough-to-solve-our-long-term-fiscal-challenges
CBO projects that federal debt will remain at historically high levels over the next decade under current laws and warns that such high levels of debt could harm the economy.
https://www.pgpf.org/analysis/cbo-warns-fiscal-path-is-unsustainable-and-threatens-economic-growth
There will be a number of consequences from a gradual increase in the federal funds rate over time.