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Tag Archives: Susan Irving
The Nation’s Fiscal Health: A Warning about the Government’s Finances
Without a change in law or policy, the gap between the amount of money the federal government collects and the amount it spends will continue to grow, likely reaching $1 trillion in the next few years. We issued our third … Continue reading
Posted in Budget and Spending, Fiscal Outlook and The Debt, Podcast, Video
Tagged Dawn Simpson, debt-to-GDP ratio, federal debt, financial reports, fiscal condition, fiscal health, fiscal outlook, GDP, interest, long-term debt, Medicaid, medicare, national debt, Robert Dacey, SI, simulation, Susan Irving
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The Nation’s Precarious Fiscal Future
The United States faces a highly challenging fiscal future. Absent change in policy, the federal fiscal path is unsustainable—debt is growing faster than the economy (GDP). This springs from the continuing gap between the amount of money the federal government … Continue reading
Posted in Budget and Spending, Fiscal Outlook and The Debt, Graphic, Podcast, Video
Tagged Dawn Simpson, federal debt, federal spending, fiscal future, fiscal health, FMA, GDP, Robert Dacey, SI, simulation, Susan Irving
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Projecting the Future of Federal Finances: Long-Term Fiscal Simulations
Since 1992, we have prepared long-term fiscal simulations to show federal deficits and debt under different sets of policy assumptions. Our latest update shows that the federal government continues to face a long-term fiscal sustainability challenge.
Posted in Budget and Spending, Fiscal Outlook and The Debt, Government Operations, Podcast
Tagged debt, fiscal exposures, fiscal outlook, SI, Susan Irving
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Fiscal Exposures: 5 Sources of Risk that Drive Future Spending
In tandem with today’s release of our audit of the federal government’s fiscal year 2014 consolidated financial statements, we want to highlight our work on fiscal exposures. This is a term that describes services or expenditures that Americans may expect, … Continue reading