CBO Report Highlights America’s Unsustainable — and Deteriorating — Fiscal Outlook
The latest report from the nonpartisan Congressional Budget Office (CBO) reiterates that the federal budget is on an unsustainable trajectory.
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The latest report from the nonpartisan Congressional Budget Office (CBO) reiterates that the federal budget is on an unsustainable trajectory.
Over one-third of American children are covered by Medicaid or the Children's Health Insurance Program (CHIP).
https://www.pgpf.org/chart-archive/0097_children_medicaid_chip
As the population ages, fewer workers will be paying taxes to support each Social Security beneficiary.
https://www.pgpf.org/chart-archive/0004_worker-benefit-ratio
“Another $400 billion in debt is the worst possible holiday gift for our children,” said Michael A. Peterson, CEO of the Peter G. Peterson Foundation.
https://www.pgpf.org/press-release/2019/12/peterson-foundation-statement-on-budget-deal
The Fed is not in the business of monetizing our government’s debt but is skating close to the edge, which has upped the risk of a misstep.
“Today’s budget proposal relies on optimistic projections for economic growth and unlikely budget cuts to illustrate deficit reduction,” said Michael A. Peterson, CEO of the Peter G. Peterson Foundation.
The United States ranks 13th in quality of overall infrastructure according to the World Economic Forum.
https://www.pgpf.org/chart-archive/0215_infrastructure-ranking-by-country-world-economic-forum
The growing federal debt could reduce family incomes substantially.
https://www.pgpf.org/Chart-Archive/0203_federal-debt-affects-income
The fraction of children who earn more than their parents has decreased over time.
The successful candidate will bring an interest in federal fiscal policy as well as excellent writing and quantitative skills to the team. The job will mostly focus on creating and organizing content for distribution by the Foundation.