Press Releases | Budget Taxes and Public Investment

News from EPI The U.S. government isn’t going broke

For Immediate Release: Wednesday, May 25, 2011
Contact: Phoebe Silag or Karen Conner, news@epi.org 202-775-8810

The U.S. government isn’t going broke

Incomes, on average, have grown substantially over the last three decades, both in absolute terms and per person. As today’s Snapshot graph shows, the good news is that projections show comparable income growth over the next three decades, too.  With the per capita income growth over the next three decades projected to match that of the past three, we have the means to pay for the government programs we need, and should do so.