A Valuation Approach to Government Balance Sheet
If we regard the U.S. government as a firm, this firm is in a sticky situation in which the valuation of its cash flows is below the amount of its outstanding liability.
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If we regard the U.S. government as a firm, this firm is in a sticky situation in which the valuation of its cash flows is below the amount of its outstanding liability.
“Far too often, life-saving medications like insulin are unaffordable or unavailable, tragically burdening millions of Americans,” said Michael A. Peterson, CEO of the Peter G. Peterson Foundation, which established the Peterson Center on Healthcare.
With the national debt surpassing $31 trillion, the next generation of American leaders is making its voice heard.
Strengthened automatic fiscal stabilizers would enable fiscal stimulus to arrive in a more predictable and efficient manner.
The Coalition for Fiscal and National Security urges policymakers to stabilize our national debt and renew and rebalance our national security strategies.
https://www.pgpf.org/pgpf-programs-and-projects/2016-cfns-statement
Every month the U.S. Treasury releases data on the federal budget, including the current deficit. Here is the data for December 2022.
https://www.pgpf.org/the-current-federal-budget-deficit/budget-deficit-december-2022
The greatest gift today’s leaders can give to future generations is the fiscal room to solve their own problems.
The U.S. spends twice as much on prescription drugs as other comparatively wealthy nations, on average.
“Interest costs are skyrocketing to record levels, damaging our nation’s budget, economy and future," said Michael A. Peterson, CEO of the Peter G. Peterson Foundation.
The end of the supercommittee doesn’t mean the end of the fiscal policy debate in Washington.