High Inflation and Fiscal Policy
The more important question for fiscal policy is what happens when monetary policy normalizes.
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The more important question for fiscal policy is what happens when monetary policy normalizes.
The economic turbulence in the United Kingdom demonstrates that fiscal responsibility is increasingly important in an era of high inflation and rising interest rates.
“As our debt crosses $31 trillion, it’s past time for action," said Michael A. Peterson, CEO of the Peter G. Peterson Foundation.
Funding Will Support New Research to Analyze Economic Implications of COVID-19 Pandemic, Illuminate Solutions for Policymakers
“The Biden Administration has put forward thoughtful proposals aimed at creating jobs for working- and middle-class families, increasing our global competitiveness, and addressing important national priorities like infrastructure, climate change, and racial equity," said Michael A. Peterson, CEO of the Peter G. Peterson Foundation.
The Peter G. Peterson Foundation releases a statement on President Obama's consideration of a Bipartisan Commission.
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.
Our most popular charts from 2016 illustrate the nation's fiscal challenges in areas like defense spending, healthcare, and tax reform.
https://www.pgpf.org/blog/2016/12/top-7-fiscal-charts-from-2016
The first important determinant of a country’s fiscal health is its financing costs.
While proposals to raise the retirement age are intended to improve the financial health of the Social Security program, GAO finds that such changes could produce an opposite result, while also having an adverse impact on some of society’s most vulnerable members.