Statement from the Peterson Foundation on CBO's Updated Budget Projections
Michael Peterson released a statement today on the CBO's updated budget projections.
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Michael Peterson released a statement today on the CBO's updated budget projections.
“Reaching $23 trillion in debt on Halloween is a scary milestone for our economy and the next generation, but Washington shows no fear," said Michael A. Peterson, CEO of the Peter G. Peterson Foundation.
“This new CBO report shows that our national debt will reach a record level over the next decade," said Michael A. Peterson, CEO of the Peter G. Peterson Foundation.
The outlook for the federal budget has worsened considerably since last year, according to a new report.
The January 2013 fiscal cliff involves several components of tax cuts and spending provisions.
U.S. health care spending is highly focused on the costliest patients.
https://www.pgpf.org/chart-archive/0209_healthcare_spending_focused
“As leaders continue to seek bipartisan common ground on investments in our nation’s infrastructure, it’s critical that they maintain a fiscally responsible approach and pay for their priorities," said Michael A. Peterson, CEO of the Peter G. Peterson Foundation.
The end of the supercommittee doesn’t mean the end of the fiscal policy debate in Washington.
2012 Fiscal Summit Briefing Book: Fiscal Events, Facts, and Charts
https://www.pgpf.org/event/2012-fiscal-summit-briefing-book-fiscal-events-facts-and-charts