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Since its establishment in 1935, Social Security has grown to become the largest program in the federal budget.
https://www.pgpf.org/blog/2023/02/social-security-reform-should-we-reduce-benefits
The Treasury projects that debt as a percentage of GDP will grow to more than five times the size of the U.S. economy in the next 75 years.
https://www.pgpf.org/blog/2024/03/delaying-fiscal-reform-is-costly-annual-treasury-report-warns
The Tax Relief for American Families and Workers Act is estimated to cost about $400 million over 10 years.
While this budget would be a step in the right direction, it does not adequately address the underlying structural imbalance that defines our fiscal outlook.
As a large portion of the American population lives well beyond retirement age, the total cost of providing healthcare will grow as well.
https://www.pgpf.org/blog/2022/12/how-does-the-aging-of-the-population-affect-our-fiscal-health
Social Security, America’s essential public retirement program, is on a path to depletion in less than 10 years.
This week PGPF held its fifth annual Fiscal Summit, the premier gathering dedicated to addressing our nation's long-term national debt and economic future.
https://www.pgpf.org/blog/2014-fiscal-summit-videos-and-highlights
A group of respected policy experts share their views on how a bipartisan fiscal commission could help break the cycle of governing by crisis.
Independent analyses agree unanimously that either bill would add significantly to the growing national debt.
https://www.pgpf.org/blog/2017/12/poll-voters-say-that-tax-reform-shouldn%E2%80%99t-grow-the-debt
In 2022, 26 million people — or 7.9 percent of the population – were uninsured, according to a report in September 2023 from the Census Bureau