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PGPF Solutions Initiative plans from five think tanks show declining federal debt through 2037.
PGPF Solutions Initiative III plans from five think tanks show declining federal debt through 2039.
Spending for major health programs and Social Security will continue to climb rapidly over the long term.
Solutions Initiative 2019: Projected Federal Debt
Rising interest costs are the primary factor in projected growth in annual deficits.
Federal debt would grow rapidly if current policies were continued.
The federal debt is on an unsustainable path
Deficits would be even higher under an alternative fiscal scenario.
The growing federal debt could reduce family incomes substantially.