Responsible Fiscal Policy in a Low Interest Rate World
The first important determinant of a country’s fiscal health is its financing costs.
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The first important determinant of a country’s fiscal health is its financing costs.
Inflation’s legacy of higher real interest rates poses a significant danger to the federal budget.
Fiscal policy that boosts productivity is the best offense against future inflation.
Strengthened automatic fiscal stabilizers would enable fiscal stimulus to arrive in a more predictable and efficient manner.
The more important question for fiscal policy is what happens when monetary policy normalizes.
Short-term deficits are down, but serious long-term fiscal challenges remain. Fortunately, many good solutions exist.
https://www.pgpf.org/infographic/infographic-solutions-do-exist
Failing to address the fiscal imbalance imposes burdens on future generations that many would consider unfair.
The pandemic has caused a public health crisis as well as substantial economic disruption. So far, lawmakers have enacted six separate pieces of legislation.
The nation’s schools teachers feel ill-prepared to teach basic federal budget terms and engage students in public policy questions to promote active citizenship.
The Peterson G. Peterson Foundation will release an analysis of President Obama's complete Fiscal 2010 Budget proposal, which is expected to be announced next week.