Carter Price
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carterprice.bsky.social
Carter Price
@carterprice.bsky.social
Mathematician @RANDCorporation. I work on quantitative policy analysis for health, security, and other stuff. Opinions = mine, RTs ≠ endorsements
6/ There's much more to explore in our report, which is free to download: www.rand.org/pubs/researc...
Drawing on History: Strategies for Reducing the Federal Debt
With U.S. debt projected to reach 156% of GDP by 2055, researchers use the RAND Budget Model to examine how the U.S. reduced debt after WWII and model options for addressing today’s challenges. Findin...
www.rand.org
October 9, 2025 at 1:23 PM
5/ If we stay on the current path, more of our tax dollars will go to foreign countries than towards keeping Americans safe, responding to disasters, and delivering on all other national priorities.

➡️The bottom line: We tackled our debt burden in the past, and we can do it again.
October 9, 2025 at 1:23 PM
4/ It will also require policymakers to build durable plans so that we can stay on track over the long time. Imagine a 30-year plan where policymakers came to a consensus on a general path to get to a fiscally sustainable place and a healthy economy.
October 9, 2025 at 1:23 PM
3/ This study provides an achievable benchmark for fiscal policy in the future.

But the specific tradeoffs require policymakers to make tough choices. They will need to think beyond the ten-year planning window Congress currently uses to estimate impacts of legislation.
October 9, 2025 at 1:23 PM
2/ My colleagues Vegard Nygaard, Akshaya Suresh and I examined the last 80 years of federal debt, including how the US:
🔹reduced the debt burden from WWII over 30 years
🔹piled on debt over the next 50 years
🔹can reduce this burden over the next 30 years
www.rand.org/pubs/researc...
Drawing on History: Strategies for Reducing the Federal Debt
With U.S. debt projected to reach 156% of GDP by 2055, researchers use the RAND Budget Model to examine how the U.S. reduced debt after WWII and model options for addressing today’s challenges. Findin...
www.rand.org
October 9, 2025 at 1:23 PM