America’s fiscal health and economic strength are closely linked. Putting our nation on a sustainable fiscal path creates a positive environment for economic growth. With a strong fiscal foundation, the nation will have increased access to capital, more resources for future public and private investments, improved consumer and business confidence, and a stronger safety net.
However, if we fail to act, the opposite is also true. If our long-term fiscal challenges remain unaddressed, our economic environment weakens as confidence suffers, access to capital is reduced, interest costs crowd out key investments in our future and the conditions for growth deteriorate — all harming the prospects for the next generation.
Below is a selection of charts providing an overview of the U.S. economic outlook.
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Further Reading
The Fed Reduced Short-Term Rates, but Interest Costs Remain High
Higher short- and long-term Treasury rates mean that the federal government’s borrowing costs will also rise.
National Debt a Critical Election Issue for Swing State Voters
More than 9-in-10 voters across seven key states say it’s important for candidates to have a plan for the debt.
What is Inflation and Why Does it Matter?
Here’s an overview of inflation, why it matters, and how it’s managed.