A Unified Front Against the Shadow of Debt
October 01, 2020For too long now we have watched as the national discourse has taken a divisive turn. Bipartisanship is endangered, “compromise” a dirty word.
For too long now we have watched as the national discourse has taken a divisive turn. Bipartisanship is endangered, “compromise” a dirty word.
Overview: Doubling the debt
The last time the U.S. federal deficit was this high, as a percentage of the total size of the economy, was 1946. The debt-to-GDP ratio was 119%.
In short, the needs are sweeping and urgent, and a deal needs to be struck. The Democrats in their House bill started at $3 trillion in aid.
One of the few voices that has not been silent is that of the Concord Coalition, a nonpartisan group that for many years has tried to push both parties toward balancing the federal budget.
This week, the Congressional Budget Office released its much-anticipated update to the 2020 budget baseline.
Key Takeaways
The Concord Coalition issued the following statement today by Executive Director Robert L.
On the latest Facing the Future, I was joined by Jared Bernst