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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
The Peter G. Peterson Foundation is the official broadcast sponsor of the Bloomberg/Washington Post Republican Presidential Debate — a debate focused on the American economy.
https://www.pgpf.org/pgpf-programs-and-projects/presidential-candidates-debate-fiscal-issues
The latest report by the CBO on the outlook for the U.S. budget and economy highlights the costs of the ongoing weakness in our economy and uncertain direction of our nation’s fiscal policies.
https://www.pgpf.org/analysis/summary-of-cbo-update-on-budget-and-economic-outlook
Relative to the GAO’s last update of their long-term simulation, the nation’s fiscal condition has deteriorated.
If taxes are not increased or spending is not cut, CBO projects that interest costs will climb and federal debt will grow to levels that will damage our economy.
The Government Accountability Office recently issued an update in a series of reports detailing the fiscal position of state and local governments.
https://www.pgpf.org/analysis/state-and-local-governments-face-continued-fiscal-pressure
The Peter G. Peterson Foundation releases a statement on CBO outlook.
The Peter G. Peterson Foundation on the Congressional Budget Office outlook.
The end of the supercommittee doesn’t mean the end of the fiscal policy debate in Washington.