Summary of the 2009 Financial Report of the U.S.

"In the wake of the recent economic crisis, the Treasury reported a record deficit in fiscal year 2009 of $1.4 trillion. Over the course of a single year, the federal government’s total liabilities, unfunded promises, such as Medicare and Social Security and other commitments and contingencies....

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President Obama's Executive Order Creating a Commission

Now that President Obama has issued an executive order establishing a bipartisan Fiscal Commission, it is time for Republicans and Democrats in Washington to live up to their responsibilities as elected leaders by working together to address our nation’s deteriorating finances and mounting fiscal challenges....

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CBO's Budget and Economic Outlook: 2010-2020

Despite a slowly improving economic picture, latest projections from the Congressional Budget Office show that serious fiscal challenges remain that will, within 10 years, compromise the ability of the federal government to address important public needs.

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Blog, Op-Eds, and Columns

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CBO's New Estimate of Senate Healthcare Bill Reduces Deficit by $118 Billion

The Congressional Budget Office (CBO) recently released an updated analysis of the health care bill that was passed in the Senate in December. As the House prepares to vote on the bill, this look at the impacts of the bill on future spending and revenues could prove to be influential.

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Eventssee all

Upcoming Events

Sep 20

David Walker to address the Global Leaders Forum in New York City

Jul 20

David Walker to address the Agora Financial Investment Symposium in Vancouver, British Colombia

Recent Events

BudgetBall

Budgetball, a new sport developed to raise fiscal awareness, will debut on college campuses this spring starting with the University of Miami and Philander Smith College in Little Rock, Arkansas.

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I.O.U.S.A.: Byte-Sized
The 30 Minute Version

"I.O.U.S.A." "may be to the U.S. economy what 'An Inconvenient Truth' was to the environment." -- Reuters .

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The Real
National Debt

$56.4 trillion

Your share is currently: $184,000

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Welcome from the CEO

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Bringing Americans together to find sensible, sustainable solutions that transcend age, party lines and ideological divides in order to achieve real results. -- PGPF Mission Statement

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