Although older Americans often talk about wanting a bright future for their children and grandchildren, irresponsible fiscal policies continue to dim that future year after year. High government debt and unsustainable benefit programs threaten to burden tomorrow’s citizens with extremely…
With the ink barely dry on a $858 billion tax cut and emergency spending bill, lawmakers were hit with an official reminder last week that steps to rein in the nation’s growing debt cannot be postponed much longer.According to the…
By now we've seen a number of proposals for fiscal sustainability from groups with very different perspectives. (more…)
The Government Accountability Office has issued a new analysis of the long-term fiscal outlook. Under a scenario with realistic assumptions about revenues and spending, GAO projected that by 2020, debt held by the public as a share of GDP would…
