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Fiscal restraint has become even more important. The US and global economies have been battered by two global shocks: the COVID-19 pandemic and the Russian invasion of Ukraine. In the US, these two shocks have compromised even further our nation’s deteriorating fiscal health, leaving the nation with even higher debt, high inflation, rising interest rates, and a possible recession. The following Solutions Brief explains why debt matters; how the national debt crisis is intensifying as interest rates rise and recession looms; how long it will take and what it will take, as demonstrated in various scenarios, to reduce the debt-to-GDP ratio to a responsible level of 70 percent; and what policies are recommended to achieve that goal so we can return to the path of fiscal health and stability.
Principles for AI Guardrails in the US
June 24, 2024
Public and Private Innovation to Reach Net Zero
May 15, 2024
The Role of Markets in Reaching Net Zero
May 15, 2024
Future-Proofing the US Workforce for the AI Era
April 15, 2024
Future-Proofing the Workforce for the AI Era
April 15, 2024
Charts
A national AI framework must promote safety, security, and innovation.
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Getting to net zero requires technologies that are not currently commercially available. Use the power of markets to help companies make further innovation.
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How can business and policy leaders equip workers with the skills and flexibility to work alongside AI?
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The proliferation of easy-to-use generative AI requires that policymakers and business leaders each play an important role.
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Without action, Social Security's Trust Fund will be depleted by 2033, resulting in automatic 23% benefit cuts.
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Charting a sustainable path forward by achieving long-term economic growth, restoring a rules-based international order, and strengthening our democracy.
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Constrained supply chains and inflation in materials and wages have raised infrastructure project costs 49% since 2020
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Both the rising cost of health care and increasing utilization of it as the population ages are driving greater health care spending.
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A hyperpolarized environment, diminished trust in our nation’s leaders.
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New York City’s traditional pillars as a global financial and cultural hub face rising competition from growing US and international cities.
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CED Provides Plan to Capitalize on AI While Safeguarding
June 25, 2024
PRESS RELEASE
CED Provides Plan to Reach Net Zero While Ensuring Economic
May 16, 2024
PRESS RELEASE
CED Provides Plan to Restore Confidence in America’s
March 19, 2024
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Averting a Looming Crisis: CED Provides Plan to Save Social
February 13, 2024
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CED Provides Plan to Maximize Historic Federal
November 28, 2023
PRESS RELEASE
CED Provides Rx for Health Care
October 31, 2023