America Chooses A President and Congress. Now It's Their Turn To Make Some Choices
Over the next several weeks, as the President and Congress confront the "fiscal cliff," they will have a big opportunity to make the right choice.
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Over the next several weeks, as the President and Congress confront the "fiscal cliff," they will have a big opportunity to make the right choice.
Over the next 10 years, the spending caps are projected to reduce deficits by approximately $900 billion, and the Supercommittee is charged with finding $1.5 trillion of additional savings.
https://www.pgpf.org/analysis/long-term-implications-of-the-budget-control-act-of-2011
The Peter G. Peterson Foundation issues a statement on President Obama's speech on the nation's long-term debt.
The Peter G. Peterson Foundation releases a statement on President Obama's proposed 2012 budget.
After months of negotiations, with default looming, Congress passed and the President signed the Budget Control Act of 2011, which raises the debt ceiling and puts a process in place for reducing the deficit.
https://www.pgpf.org/analysis/peter-g-peterson-foundation-analysis-of-the-budget-control-act-of-2011
According to CBO, the fiscal condition of the United States has deteriorated since its last report issued in August.
https://www.pgpf.org/analysis/cbo%E2%80%99s-latest-budget-projections-a-deteriorating-fiscal-outlook
Relative to the GAO’s last update of their long-term simulation, the nation’s fiscal condition has deteriorated.
Peter G. Peterson pens an op-ed about the budget for POLITICO.
https://www.pgpf.org/press-release/2011/08/op-ed-a-new-chance-to-get-budget-right
The end of the supercommittee doesn’t mean the end of the fiscal policy debate in Washington.