The Debt Ceiling Reinstated
What does reinstating the debt ceiling mean for federal policymaking and the economy?
https://www.pgpf.org/analysis/2017/03/the-debt-ceiling-reinstated
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What does reinstating the debt ceiling mean for federal policymaking and the economy?
https://www.pgpf.org/analysis/2017/03/the-debt-ceiling-reinstated
Amid ongoing negotiations in Washington since the expiration of key relief programs, 89% of voters say that America needs another coronavirus economic aid package, according to the latest Financial Times-Peterson Foundation US Economic Monitor.
The latest Financial Times-Peterson Foundation US Economic Monitor reveals that the coronavirus pandemic is financially impacting the vast majority of Americans, and there is broad-based support for federal response measures.
Experts from five leading think tanks developed specific, "scoreable" policy proposals to set the federal budget on a sustainable, long-term path for prosperity and economic growth.
https://www.pgpf.org/pgpf-programs-and-projects/solutions-initiative-iii
Here are principles for reform to help ensure that our budget process is conducive to fiscally responsible policymaking.
Under current law, federal debt is now projected to reach 150 percent of GDP within 30 years — by far an all-time high.
Learn about the job opportunities available at Peter G. Peterson Foundation
Across the political spectrum, there are many policy options that could address our fiscal challenges and build a stronger, more sustainable economic future.
Increasing the debt ceiling allows the Treasury to borrow funds to pay for government obligations that have already been incurred as the result of laws and budgets approved by the President and Congress.
Highest ranking economic officials from both parties foresee another U.S. economic crisis within 10 years unless the country takes immediate action on structural deficit.