New Report Outlines Potential Paths to Sustainable US Debt The Peter G. Peterson Foundation asked seven think tanks to come up with plans to address the national debt. All participating think tanks agree on the need to rein in borrowing and propose a combination of revenue increases and spending cuts to reduce the debt-to-GDP ratio by at least one-third by 2054. The report identifies Social Security, healthcare costs, and the 2017 tax cuts as key areas for potential bipartisan reform, suggesting that political will, rather than lack of solutions, is the main obstacle to addressing the debt crisis. « Previous Article Next Article » Share This Article Choose Your Platform: Facebook Twitter Google Plus Linkedin Related Posts Forbes Explains CBDCs: Understanding the Rise of CBDCs READ MORE Gold Price Forecast: CommerzBank Says Gold Unlikely To Leave its Trading Range READ MORE China's Commodity Hoarding: Implications for Global Markets and Security READ MORE U.S. Job Openings Decline in November, Indicating Labor Market Shift READ MORE Geopolitical Tensions, Not Interest Rates, Now Seen as Main Risk to U.S. Economy READ MORE Add a Comment Cancel replyYour email address will not be published. Required fields are marked *Name * Email * Save my name, email, and website in this browser for the next time I comment. Comment