The nation’s projected long-term finances have notably improved, largely due to significant reductions in prospective health care cost growth and interest rates.
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Long-term deficits and debt will affect the nation’s ability to fund important investments in the future.
We analyze long-term deficit and debt trends to illustrate the challenges we face and highlight potential solutions. We also encourage policymakers to enact measures to strengthen today’s job market as well as measures to reduce longer-term deficits.