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Marc Goldwein: Achieving primary budget balance could lower interest rates and support debt sustainability

Marc Goldwein: Achieving primary budget balance could lower interest rates and support debt sustainability
Primary balance may ease U.S. debt

Marc Goldwein suggests that moving the budget into primary balance could have a significant impact on economic indicators in the U.S.

According to Goldwein, achieving primary balance may help reduce interest rates and increase the growth rate, potentially making national debt more sustainable.

Goldwein has previously addressed payroll tax policy in the U.S., noting that above $440,000 in lifetime payroll tax contributions, the link to benefits is fully severed according to his analysis. He has also highlighted that recent payroll tax changes resemble a progressive consumption tax structure for U.S. seniors in recent comments. His observations reflect ongoing debate over the fiscal policy tools available to improve government balance sheets.

This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.

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