The Becker Friedman Institute Announces $1 Million Grant from the Peter G. Peterson Foundation
Funding Will Support New Research to Analyze Economic Implications of COVID-19 Pandemic, Illuminate Solutions for Policymakers
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Funding Will Support New Research to Analyze Economic Implications of COVID-19 Pandemic, Illuminate Solutions for Policymakers
Financing the debt will become more burdensome now that interest rates have returned to their pre-pandemic levels.
Inflation and interest rates will have important impacts on the long-term federal budget outlook.
"With high inflation, economic uncertainty and the national debt surpassing $31 trillion, voters are rightly concerned about our nation’s fiscal and economic outlook in this year’s pivotal election,” said Michael A. Peterson, CEO of the Peterson Foundation.
https://www.pgpf.org/press-release/2022/10/fci-press-release
Eight innovative research projects led by Northwestern faculty and funded by recent $1 million Peterson Foundation grant get underway
The reports provide both the short-and long-term financial outlooks for the trust funds.
“Our national debt is so large, we’re already paying more than $1 billion every day on interest, and that’s growing fast,” said Michael A. Peterson, CEO of the Peterson Foundation.
https://www.pgpf.org/press-release/2022/09/fci-press-release
Leading experts, scholars will discuss 31 new research papers on trends that will shape America’s future economy and society.
The first important determinant of a country’s fiscal health is its financing costs.
The CBO provides two projections of the nation's fiscal future over the next 75 years: one based upon laws currently on the books; and one that reflects selected changes to those laws that lawmakers are widely expected to make.
https://www.pgpf.org/analysis/cbo-releases-the-2010-long-term-budget-outlook