Grappling with US fiscal deficits and debt: Understanding the implications at home and abroad

The United States faces persistent and growing fiscal deficits and rising federal debt, raising important questions about the sustainability of the nation's fiscal outlook and the implications for the broader economy. What are the key drivers of the US fiscal challenge, what policy choices lie ahead, and what could persistent fiscal imbalances mean for the United States and the global economy? Join the Peterson Institute for International Economics (PIIE) for a discussion examining these questions and the implications of US fiscal policy at home and abroad.

The first session features a fireside conversation with Senator Sheldon Whitehouse (D-RI), moderated by PIIE nonresident senior fellow Kimberly Clausing, focusing on the US debt and deficit situation and the policy challenges it presents.

The second session, moderated by PIIE C. Fred Bergsten senior fellow Maurice Obstfeld, brings together Aviva Aron-Dine, Jason Furman, and Oya Celasun to examine the economic and international implications of US fiscal policy.