Policy Makers Should Act Now to Address the Long-Term Fiscal Imbalance
Failing to address the fiscal imbalance imposes burdens on future generations that many would consider unfair.
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Failing to address the fiscal imbalance imposes burdens on future generations that many would consider unfair.
Topics will include fiscal policy decisions, ways to achieve long-term reform, market news, and other critical matters shaping the economic future of the country.
https://www.pgpf.org/multimedia/morning-money-breakfast-briefining-with-richard-cordray
If lawmakers do not agree on raising or suspending the debt limit before the extraordinary measures are exhausted, there would be severe consequences.
https://www.pgpf.org/analysis/2023/06/debt-ceiling-update-whats-at-stake
“It’s a positive step to see proposals which raise the debt ceiling while also beginning to address our unsustainable fiscal outlook," said Michael A. Peterson.
https://www.pgpf.org/press-release/2023/04/peterson-foundation-statement-on-debt-ceiling-proposals
National security is both a vital priority and a significant part of the federal budget.
https://www.pgpf.org/infographic/infographic-the-facts-about-us-defense-spending
Medicare is an essential health insurance program serving millions of Americans, and a major part of the federal budget and our fiscal outlook.
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.
“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.
“Voters understand the urgency of our fiscal challenges, and that’s why they want lawmakers to take concrete steps to secure our future,” said Michael A. Peterson.
https://www.pgpf.org/press-release/2023/06/fci-press-release