Must-Read: Richard Kogan et al.: Difference Between Economic Growth Rates and Treasury Interest Rates Significantly Affects Long-Term Budget Outlook: “An underappreciated factor in long-term budget projections is how the projected interest rate… …(‘R’) that the federal government pays on its debt and the projected growth rate of the economy (‘G’) relate to one another. In … Continue reading Must-Read: Richard Kogan et al.: Difference Between Economic Growth Rates and Treasury Interest Rates Significantly Affects Long-Term Budget Outlook