Higher Interest Rates and the National Debt
Higher short- and long-term Treasury rates mean that the federal government's borrowing costs will also rise.
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Higher short- and long-term Treasury rates mean that the federal government's borrowing costs will also rise.
Increasing the debt ceiling allows the Treasury to borrow funds to pay for government obligations that have already been incurred as the result of laws and budgets approved by the President and Congress.
The Medicare Advantage allows beneficiaries enrolled in both Part A and Part B to receive benefits from private plans.
https://www.pgpf.org/budget-basics/what-is-medicare-advantage
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
Social Security is an important program that is part of the fabric of America. We must ensure that Social Security is available for future generations.
https://www.pgpf.org/budget-basics/making-social-security-sustainable
Medicare is an essential health insurance program serving millions of Americans, and a major part of the federal budget and our fiscal outlook.
In May, the Administration released details for the proposed American Jobs Plan. It would be a massive investment in a range of national priorities including transportation, climate change, caregiving, and housing.
https://www.pgpf.org/infographic/what-is-in-the-american-jobs-plan
Federal trust funds bear little resemblance to their private-sector counterparts.
https://www.pgpf.org/budget-basics/budget-explainer-what-are-federal-trust-funds
Social Security is the largest single program in the federal budget and makes up approximately one quarter of total federal spending.
https://www.pgpf.org/budget-basics/how-does-social-security-work
Under the current policy scenario, the federal government is projected to run permanent primary spending deficits.
https://www.pgpf.org/analysis/government-accountability-office-fall-2012-budget-outlook