Understanding Complex Budget Terms and Processes: What is the Budget Window?
While a 10-year window is currently the standard, the number of years covered by budget resolutions has varied.
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While a 10-year window is currently the standard, the number of years covered by budget resolutions has varied.
2013 Fall Fiscal Agenda: A Critical Time for Action; 4 upcoming milestones
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.
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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
In order to balance our budget and reduce the amount of debt the government takes on each year, we must match the level of government revenues with the level of spending.
https://www.pgpf.org/budget-basics/where-the-money-comes-from-revenues-taxes
As policymakers consider how best to address our looming fiscal challenges, there is a growing debate about whether the U.S. can reduce defense spending without jeopardizing its national security.
Controlling our structural budget deficits will require major changes in budget policy.
https://www.pgpf.org/budget-basics/state-of-the-unions-finances/the-elements
The defense share of the federal budget has averaged 21 percent over the past two decades.