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If lawmakers do not agree on raising or suspending the debt limit before the extraordinary measures are exhausted, there would be severe consequences for both the federal government and the economy.
The Morning Money Breakfast Briefings feature informed commentary and discussion to reinforce the connections between the nation’s long-term fiscal challenges and the most pressing economic policy issues of the day.
How does a solid fiscal foundation help support a growing, thriving economy?
A new campaign from the Peter G. Peterson Foundation, highlighting the key opportunity lawmakers have to address our nation’s unsustainable long-term debt in order to help ensure more economic growth, now and in the future.
This interactive map shows Medicare spending per beneficiary, which varies significantly across the U.S.
Simplifying the tax code to enhance fairness and promote economic growth
Under current law, federal debt is now projected to reach 150 percent of GDP within 30 years — by far an all-time high.
The lengthy and complex United States tax code can be difficult for Americans to understand.
Tax reform done right will promote economic growth, increase fairness and simplicity, and improve the nation’s fiscal outlook.