2012–2014 PGPF Progress Report
Learn more about the Peter G. Peterson Foundation in our 2012-2014 Progress Report, which highlights our work over the past three years.
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Learn more about the Peter G. Peterson Foundation in our 2012-2014 Progress Report, which highlights our work over the past three years.
The Treasury projects that debt as a percentage of GDP will grow to more than five times the size of the U.S. economy in the next 75 years.
https://www.pgpf.org/blog/2024/03/delaying-fiscal-reform-is-costly-annual-treasury-report-warns
In 2017, Congress and the President enacted the Tax Cuts and Jobs Act (TCJA), which made significant changes to the tax code for individuals and corporations.
https://www.pgpf.org/blog/2024/03/the-next-fiscal-cliff-big-tax-decisions-to-make-in-2025
A group of respected policy experts share their views on how a bipartisan fiscal commission could help break the cycle of governing by crisis.
CBO’s report is the latest warning sign about the dire fiscal outlook.
A fiscal commission would provide the space and structure for lawmakers to comprehensively review the entire budget and improve the fiscal path of the U.S.
https://www.pgpf.org/blog/2024/01/growing-momentum-for-a-fiscal-commission-in-congress
Significant majorities of voters across party lines agree that a commission would strengthen Social Security, lower borrowing costs, and improve our economic outlook.
Federal programs that invest in children are not only critical to the health and well-being of the youngest Americans, but they can also provide long-term benefits to the nation’s economy.
In FY23 the federal government officially incurred a budget deficit of $1.7 trillion — about $320 billion higher than last year's amount.
https://www.pgpf.org/blog/2023/12/americas-underlying-deficit-doubled-in-fiscal-year-2023
Federal Reserve Chair Jerome Powell, speaking in an interview, said that now is the time to start addressing our $34 trillion and rising national debt.
https://www.pgpf.org/blog/2024/02/fed-chair-powell-its-past-time-to-address-our-national-debt