Budget Basics: Spending Primer
The U.S. spent $187 billion on interest payments alone in 2009.
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The U.S. spent $187 billion on interest payments alone in 2009.
The January 2013 fiscal cliff involves several components of tax cuts and spending provisions.
Peter G. Peterson releases a statement on Simpson-Bowles "Bipartisan Path Forward to Securing America’s Future."
As a federal program, Social Security cannot be any stronger financially than the overall federal government, and looming financial problems in Social Security will have a negative impact on the Federal budget as a whole.
https://www.pgpf.org/analysis/the-financial-condition-of-social-security
Medicare’s financial problems affect the entire budget, and are largely responsible for projected increases in federal deficits.
https://www.pgpf.org/analysis/the-financial-condition-of-medicare
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For more information about America’s fiscal challenge and potential solutions, visit the Peter G. Peterson Foundation at www.pgpf.org. The following websites also provide a wealth of information on the U.S. budget and various policy areas.
https://www.pgpf.org/budget-basics/state-of-the-unions-finances/learn-more
Under the president’s budget, federal debt will remain historically high, roughly double its average over the past 50 years.
https://www.pgpf.org/analysis/presidents-budget-not-enough-to-solve-our-long-term-fiscal-challenges
Up to Us is a nationwide campus competition that provides an opportunity for students to build a movement to raise awareness and engagement on America's long-term fiscal and economic challenges.
https://www.pgpf.org/pgpf-programs-and-projects/up-to-us-nationwide-campus-competition
The Peterson Foundation releases a statement on the deal to end the government shutdown.
Peter G. Peterson releases a statement on reports of supercommittee failure to reach an agreement.