Happy Fiscal New Year 2017! Looking Back and Ahead
While the last minute passage of a continuing resolution avoided a government shutdown, the relief may be only temporary.
https://www.pgpf.org/analysis/2016/10/happy-fiscal-new-year-2017
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While the last minute passage of a continuing resolution avoided a government shutdown, the relief may be only temporary.
https://www.pgpf.org/analysis/2016/10/happy-fiscal-new-year-2017
CBO projects that, on our current path, deficits will reach $1 trillion by 2023 and total $9.4 trillion over the next ten years.
https://www.pgpf.org/analysis/2017/01/CBO-warns-deficits-will-reach-1-trillion-in-2023
The paper puts real numbers behind different scenarios for a structure for tax reform: eliminating income tax expenditures to enable lower tax rates.
What does reinstating the debt ceiling mean for federal policymaking and the economy?
https://www.pgpf.org/analysis/2017/03/the-debt-ceiling-reinstated
Social Security’s finances are facing growing pressure due to the aging of the population.
https://www.pgpf.org/analysis/2017/07/trustees-warn-social-security-in-financial-trouble
There will be a number of consequences from a gradual increase in the federal funds rate over time.
An analysis by the Peter G. Peterson Foundation that looks at all spending — and not just non-exempt spending — has found that the scale of reductions next year resulting from the sequestration will be more heavily weighted towards defense cuts.
https://www.pgpf.org/analysis/the-office-of-management-and-budgets-sequestration-reportan-analysis
A series of sudden, drastic changes to our nation's fiscal policies are slated to take place automatically at the end of this year — what many are calling the "Fiscal Cliff."
https://www.pgpf.org/analysis/the-fiscal-cliff-is-an-opportunity-for-long-term-action
Lawmakers should use the opportunities presented by the annual budgetary process to set policy priorities and provide more certainty about our nation’s fiscal policy.
The combined Social Security trust funds are projected to be fully depleted by 2034 — just 18 years from now.
https://www.pgpf.org/analysis/2016/06/trustees-warn-social-security-in-financial-trouble