Why Fiscal Space Matters
Lower levels of debt allow governments to respond more effectively to a recession or financial crisis.
The search found 211 results in 0.283 seconds.
Lower levels of debt allow governments to respond more effectively to a recession or financial crisis.
Since its establishment in 1935, Social Security has grown to become the largest program in the federal budget.
https://www.pgpf.org/blog/2023/02/social-security-reform-should-we-reduce-benefits
The economic turbulence in the United Kingdom demonstrates that fiscal responsibility is increasingly important in an era of high inflation and rising interest rates.
Rising inflation usually prompts higher interest rates, which in turn boost interest paid on the federal debt and thereby increase annual deficits.
https://www.pgpf.org/blog/2023/08/how-does-inflation-affect-the-federal-budget
Our high and rising debt is “a big burden placed on current citizens, based on our past budgetary irresponsibility,” said Michael Peterson, CEO of the Peter G. Peterson Foundation, in a recent appearance on C-SPAN’s Washington Journal.
A newly updated report, prepared by Ernst & Young, reexamines the federal government's long-term fiscal outlook through the "fiscal gap" measure.
Social Security, America’s essential public retirement program, is on a path to depletion in less than 10 years.
One of the largest drivers of that rising debt is federal spending on major healthcare programs, such as Medicare and Medicaid.
At the first presidential debate, both candidates acknowledged the growing national debt, but voters want to hear more.
Our most popular charts from 2016 illustrate the nation's fiscal challenges in areas like defense spending, healthcare, and tax reform.
https://www.pgpf.org/blog/2016/12/top-7-fiscal-charts-from-2016