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Analysis



Mar 27, 2019

President's Budget Relies on Optimistic Economic Projections and Unlikely Spending Cuts

Although the debt-to-GDP ratio would decline under the president’s budget, the budget misses an opportunity to address the structural causes of our debt, and relies instead on overly optimistic economic assumptions and reductions in spending that are unlikely to come to pass.


https://www.pgpf.org/analysis/2019/03/presidents-budget-relies-on-optimistic-economic-projections-and-unlikely-spending-cuts

Blog Posts



Mar 27, 2019

Why Fiscal Space Matters

Lower levels of debt allow governments to respond more effectively to a recession or financial crisis.


https://www.pgpf.org/blog/2019/03/why-fiscal-space-matters

Blog Posts



Mar 11, 2019

The President's Budget Reduces Debt a Little, But Only If Growth Is Rosier than Projected

Although the budget would achieve some deficit reduction on paper under the administration’s calculations, it fails to address the key drivers of our long-term debt and relies on overly-optimistic assumptions for economic growth.


https://www.pgpf.org/blog/2019/03/the-presidents-budget-reduces-debt-a-little-but-only-if-growth-is-rosier-than-projected