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The Deficit Was Cut in Half in 2022 Thanks to the Expiration of Pandemic-Related Spending
One of the largest drivers of that rising debt is federal spending on major healthcare programs, such as Medicare and Medicaid.
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One of the largest drivers of that rising debt is federal spending on major healthcare programs, such as Medicare and Medicaid.
A new organization established by the Peterson Foundation, announced three major initiatives to advance the Center's mission to transform U.S. healthcare.
https://www.pgpf.org/blog/peterson-center-on-healthcare-launches
Spending on healthcare in the United States has far outpaced other major healthcare systems without yielding better outcomes.
The U.S. spends twice as much on prescription drugs as other comparatively wealthy nations, on average.
The economic turbulence in the United Kingdom demonstrates that fiscal responsibility is increasingly important in an era of high inflation and rising interest rates.
The IMF raises concerns that progress on important fiscal issues is being hampered by political dysfunction in Washington.
These charts tell the fiscal story of 2021 — looking back at how our fiscal situation deteriorated over the past year and what challenges lie ahead.
With our economy in recovery, the national debt rising unsustainably, the country still grappling with a devastating pandemic, and lawmakers pursing significant new legislation, America faces many critical questions for its future. To shed light on the best way forward, two top economists participated in a panel discussion as part of the latest edition of the Peterson Foundation Economic Forum.
CBO prepares what is known as an alternative fiscal scenario, which can be helpful in understanding a range of potential outcomes.
https://www.pgpf.org/blog/2019/09/what-is-an-alternative-fiscal-scenario
The new numbers demonstrate the severe economic damage and significant fiscal implications of this unprecedented crisis.