Complex Budget Terms and Processes — and Why They Matter
Understanding what’s happening on Capitol Hill requires an understanding of the Congressional budget process — which is notoriously technical, complex and arcane.
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Understanding what’s happening on Capitol Hill requires an understanding of the Congressional budget process — which is notoriously technical, complex and arcane.
In 2008, the Peter G. Peterson Foundation was established with the goal of preserving the American Dream for the next generation. My father saw our high and rising debt as a transcendent threat to our future economy – posing a risk to every American, and our leadership role in the world.
The Peterson Foundation’s debt clock initiative is part of its ongoing commitment to inspire and empower Americans through increased awareness that drives a thoughtful national dialogue around sustainable fiscal and economic policies.
https://www.pgpf.org/what-we-are-doing/projects/find-our-debt-clocks
With the national debt at $26 trillion and counting, the nation’s fiscal health is a key issue for the 2020 campaign.
The coronavirus (COVID-19) pandemic is an unprecedented national emergency requiring a significant federal response. This page provides resources and analysis, tracking the actions our leaders are taking to respond, and providing insights on the state of America’s fiscal and economic outlook during the recovery.
America faces many critical questions about its future. As we continue to confront a global pandemic with devastating impacts on our health, economy and society, an effective federal response is necessary to help address critical needs and get our economy back on track.
https://www.pgpf.org/what-does-the-national-debt-mean-for-americas-future
The lengthy and complex United States tax code can be difficult for Americans to understand.
https://www.pgpf.org/quiz/how-much-do-you-know-about-the-us-tax-system
Here are principles for reform to help ensure that our budget process is conducive to fiscally responsible policymaking.