Analysis
Dec 17, 2015
Analysis: Higher Interest Rates & the National Debt
There will be a number of consequences from a gradual increase in the federal funds rate over time.
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There will be a number of consequences from a gradual increase in the federal funds rate over time.
Budget battles policymakers have engaged in have failed to produce reforms to address the true drivers of long-term national debt.
https://www.pgpf.org/analysis/averting-a-shutdown-the-numbers-behind-the-last-minute-budget-bill
CBO projects that federal debt will remain at historically high levels over the next decade under current laws and warns that such high levels of debt could harm the economy.
https://www.pgpf.org/analysis/cbo-warns-fiscal-path-is-unsustainable-and-threatens-economic-growth