Federal debt policy in an era of low interest rates: A guide to the issues

Economists and others have worried about the long-run outlook for the federal debt for decades, recognizing that the aging of the baby boom generation would lead to budgetary pressures associated with increased spending on entitlements like Social Security and Medicare. But debt has increased sharply in recent years for other reasons, including the effects of … Continue reading Federal debt policy in an era of low interest rates: A guide to the issues