Analysis: CBO 2015 Long-Term Budget Outlook
The nonpartisan Congressional Budget Office projects that the federal debt could reach 175% of GDP by 2040.
https://www.pgpf.org/analysis/congressional-budget-offices-2015-long-term-budget-outlook
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The nonpartisan Congressional Budget Office projects that the federal debt could reach 175% of GDP by 2040.
https://www.pgpf.org/analysis/congressional-budget-offices-2015-long-term-budget-outlook
CBO projects that federal debt will remain at historically high levels over the next decade under current laws and warns that such high levels of debt could harm the economy.
https://www.pgpf.org/analysis/cbo-warns-fiscal-path-is-unsustainable-and-threatens-economic-growth
Michael A. Peterson, President and CEO of the Peter G. Peterson Foundation, commented today following the enactment of bipartisan legislation to avert a government shutdown, address the debt ceiling, and establish discretionary spending levels.
Today, the Congressional Budget Office released its Update to the Budget and Economic Outlook: 2015-2025, which projects that federal debt will rise to 77 percent of GDP in 2025, a historically high level of debt that threatens economic growth over the long term.
Michael A. Peterson, President & COO of PGPF, commented today as the Congressional Budget Office released its Budget and Economic Outlook for fiscal years 2015-2025.
Detailed analysis of the fiscal impact of the Fed's December 2015 rate increase.
https://www.pgpf.org/blog/pgpf-analysis-on-higher-interest-rates-the-national-debt
The Trustees urge lawmakers to enact legislation soon to put Medicare on a sustainable path.
The Peter G. Peterson Foundation’s February Fiscal Confidence Index shows that Americans remain highly concerned about the country’s unsustainable fiscal path.
https://www.pgpf.org/press-release/2015/02/fci-press-release
The IMF raises concerns that progress on important fiscal issues is being hampered by political dysfunction in Washington.
The legislation is fiscally irresponsible and will add significantly to America's national debt.
https://www.pgpf.org/analysis/congress-passes-costly-and-unfunded-tax-legislation