The Fiscal Election: What’s at Stake in This Election?
The lawmakers we choose this November will face critical fiscal and economic decisions in the next two, four, and six years.
Starting in 2025, the president and Congress will confront a series of urgent deadlines and decision points. The choices our leaders make will determine how much families and businesses pay in taxes, whether or not there are automatic cuts to Social Security and Medicare, the affordability of healthcare under the ACA, and what to do about the debt ceiling. Undoubtedly, 2024 is a Fiscal Election.
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<a href="https://www.pgpf.org/infographic/the-fiscal-election-whats-at-stake-in-this-election">
</a><p><strong>The Fiscal Election</strong>, courtesy of <a href="https://www.pgpf.org/infographic/the-fiscal-election-whats-at-stake-in-this-election">Peter G. Peterson Foundation</a></p>Feel free to share this infographic on Twitter.
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Further Reading
The Federal Government Has Borrowed Trillions. Who Owns All that Debt?
Most federal debt is owed to domestic holders, but foreign ownership is much higher now than it was about 50 years ago.
The Fed Reduced the Short-Term Rate Again, but Interest Costs Remain High
High interest rates on U.S. Treasury securities increase the federal government’s borrowing costs.
What Types of Securities Does the Treasury Issue?
Learn about the different types of Treasury securities issued to the public as well as trends in interest rates and maturity terms.