Demographic change and its effect on the economy and the budget was a main topic of discussion at the 10th Annual Peter G Peterson Foundation “Fiscal Summit” Tuesday in Washington. Policy experts discussed the importance of dealing with projected deficits…
Low interest rates on the federal debt have allowed the government to borrow more in recent years without seeing the cost of servicing that debt rise as a share of the economy (GDP). As the debt has climbed from 39…
At a time when Washington struggles to reach agreement even on short-term decisions, a conference Friday focused some badly needed attention on longer-term trends and policy choices that could shape the country over the next three decades and beyond. “US…
Last week the national debt hit $22 trillion and the president declared an emergency. Too bad the two things were not related. Even as the debt continues its upward climb, policymakers seem remarkably unconcerned. In fact, most of the leading…