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.
Detailed analysis of the fiscal impact of the Fed's December 2015 rate increase.
https://www.pgpf.org/blog/pgpf-analysis-on-higher-interest-rates-the-national-debt
Fixing the budget requires addressing the root cause of the long-term deficits: escalating Social Security and Medicare shortfalls.
According to CBO, provisions in the Fiscal Responsibility Act of 2023 will result in a $1.5 trillion decrease to the deficit over the next 10 years.
https://www.pgpf.org/blog/2023/06/how-much-will-the-debt-ceiling-deal-reduce-deficits
“Our mounting debt threatens economic growth, reduces our flexibility to deal with future crises, and diminishes America’s role in the world.," said Michael A. Peterson, President and CEO of the Peter G. Peterson Foundation.
The Peterson Foundation releases a statement on the deal to end the government shutdown.
With the national debt surpassing $31 trillion, the next generation of American leaders is making its voice heard.
This budget explainer describes what Medicaid is, how it is financed, and who benefits from it.
https://www.pgpf.org/budget-basics/budget-explainer-medicaid
When the debt limit is close to being breached, or when a suspension of the ceiling is nearing, lawmakers would have to act to avoid serious economic and budgetary consequences.
https://www.pgpf.org/blog/2023/06/how-the-lack-of-action-on-the-debt-ceiling-can-hurt-the-economy
The Peter G. Peterson Foundation releases a statement on President Obama's consideration of a Bipartisan Commission.