Dangers of Debt: How Our Fiscal Outlook Threatens The Economy
This panel convened voices from the private sector and academia to analyze the risk that high and rising debt poses to our economic future.
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This panel convened voices from the private sector and academia to analyze the risk that high and rising debt poses to our economic future.
The nonpartisan CBO projects that the federal debt would reach 183% of GDP within 25 years.
https://www.pgpf.org/analysis/congressional-budget-offices-2014-long-term-budget-outlook
The results of the Peterson Foundation’s Solutions Initiative III are in: researchers from five leading think tanks agree that there are many ways to stabilize the nation’s long-term debt.
The Peter G. Peterson Foundation’s Fiscal Summit is the premier annual gathering dedicated to addressing our nation’s long-term debt and improving our economic future. Debuting in 2010, the Summit is a key event for the foundation to build consensus and support for putting America on a sustainable fiscal path.
The latest budget outlook released by CBO is the first to fully capture the budgetary impact of the pandemic.
Debt will continue to accumulate unless reforms are undertaken.
“No review of the state of our union is complete without acknowledging our nation’s high and rising debt," Michael A. Peterson, CEO of the Peter G. Peterson Foundation, said.
“Our nation faces a range of critical challenges, but Americans understand that managing the debt is a key part of building America’s future,” said Michael A. Peterson, CEO of the Peterson Foundation.
https://www.pgpf.org/press-release/2019/05/fci-press-release
The first important determinant of a country’s fiscal health is its financing costs.
The lawmakers we choose this November will face critical fiscal and economic decisions in the next two, four, and six years.
https://www.pgpf.org/infographic/the-fiscal-election-whats-at-stake-in-this-election