President Biden and the New Congress Face a Range of Complex and Urgent Policy Issues

Jan 19, 2021

Defeating COVID-19 and putting our economy on a path to recovery continue to be the most pressing priorities for our nation. At the same time, our fiscal outlook has worsened considerably — and once the pandemic is over, lawmakers will need to return to managing our historically high national debt. Below is a look at the fiscal and economic landscape that policymakers will inherit.


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President Joe Biden and the new Congress are inheriting a challenging fiscal and economic landscape.

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Tweet: President Biden and the new Congress are inheriting a challenging fiscal landscape. https://ctt.ec/19qZ1+ via @pgpfoundation

Tweet: President Biden and the new Congress are inheriting an economy that has yet to fully recover, and the economic damage from the #coronavirus may linger for a while. https://ctt.ec/YxSZ3+ via @pgpfoundation

Solutions Initiative 2024

Seven think tanks from across the ideological spectrum all agree that we are on an unsustainable fiscal path, and we need to change course.

National Debt Clock

See the latest numbers and learn more about the causes of our high and rising debt.