Rebuilding Trust Is Key for Policymakers to Rise above Partisan Differences
"When it comes time to start looking under the sofa cushions for savings, Congress should treat direct spending and tax expenditures equally," writes Betsey Stevenson.
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"When it comes time to start looking under the sofa cushions for savings, Congress should treat direct spending and tax expenditures equally," writes Betsey Stevenson.
As a large portion of the American population lives well beyond retirement age, the total cost of providing healthcare will grow as well.
https://www.pgpf.org/blog/2022/12/how-does-the-aging-of-the-population-affect-our-fiscal-health
The United States has one of the largest and most complex healthcare systems in the world.
https://www.pgpf.org/quiz/how-much-do-you-know-about-healthcare-in-the-united-states
Two of America’s top economists said Monday that while the U.S. faces a complex mix of fiscal and economic challenges, they don’t see an immediate threat of recession.
The U.S. spends twice as much on prescription drugs as other comparatively wealthy nations, on average.
Healthcare is uniquely inefficient in the United States, as we have the most expensive system in the world, but we do not get the best outcomes.
Well-designed fiscal policy should help the hardest-hit and most vulnerable families.
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.
Debt will continue to accumulate unless reforms are undertaken.