CBO Warns Fiscal Path is Unsustainable & Threatens Economic Growth
The outlook for the federal budget has worsened considerably since last year, according to a new report.
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The outlook for the federal budget has worsened considerably since last year, according to a new report.
The U.S. tax system is progressive, with higher-income taxpayers facing higher tax rates.
While the recession has technically ended, our economy is still suffering and far from completely recovered.
NEW YORK — The Peter G. Peterson Foundation’s final Fiscal Confidence Index for 2013 shows that American voters hold deep concerns about the nation’s long-term fiscal health, continuing a consistent 12-month trend.
Federal trust funds bear little resemblance to their private-sector counterparts.
https://www.pgpf.org/budget-basics/budget-explainer-what-are-federal-trust-funds
The national debt has risen dramatically over the past year.
https://www.pgpf.org/chart-archive/0322_debt_projection_next_year
The growing debt is caused by a structural mismatch between spending and revenues.
Most notable and controversial among the reforms were movements to raise the minimum retirement age from 60 to 62 by 2018, and the full retirement age from 65 to 67 by 2023.
https://www.pgpf.org/analysis/retirement-reform-in-france-2010
The Concord Coalition and The Peter G. Peterson Foundation today launched a national “Fiscal Solutions Tour” to foster informed public dialogue about possible answers to the nation’s daunting fiscal and economic challenges over the next decade and beyond.
Michael A. Peterson releases a statement about the Congressional Budget Office's long-term budget outlook.