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Sequestration was designed to be a blunt instrument, whose arbitrary effects would be so undesirable that they would compel policymakers to reach compromise on budget legislation rather than allow the cuts to go into effect.
This project quantifies the competing public finance consequences of shifting trends in population health. It discusses impacts for medical expenditures, labor supply, earnings, wealth, tax revenues and government expenditures.
This project follows working-age adults over time to understand how economic, demographic and policy changes are impacting their retirement preparation. It also projects their financial outcomes at older ages to understand the implications of these changes on their future retirement security.
“We’re clearly heading in the wrong direction, and it’s unfortunate that our leaders are not putting forward credible plans to improve our fiscal foundation," said Michael A. Peterson, President and CEO of the Peter G. Peterson Foundation.
The 2018 election season is a critical opportunity for candidates to talk to voters about solutions to put us on a better path.
PGPF Solutions Initiative III plans from five think tanks show declining federal debt through 2039.
The 2014 mid-term elections may be over, but America's long-term fiscal and economic challenges remain.
https://www.pgpf.org/analysis/lame-duck-deadlines-and-long-term-priorities
Putting our nation on a sustainable fiscal path creates a positive environment for growth, opportunity, and prosperity. Unfortunately, America is on a dangerous long-term fiscal path.
https://www.pgpf.org/infographic/infographic-why-long-term-debt-matters
Over the 2011-2020 period CBO’s deficit estimates are more that $1 trillion higher than those projected by the Administration.
https://www.pgpf.org/press-release/cbos-reestimate-of-the-presidents-budget