Michael A. Peterson on CBO Outlook
Michael A. Peterson releases a statement on Congressional Budget Office outlook projections.
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Michael A. Peterson releases a statement on Congressional Budget Office outlook projections.
Foundation President Michael A. Peterson releases a statement on CBO's long-term budget outlook.
Under the current policy scenario, the federal government is projected to run permanent primary spending deficits.
https://www.pgpf.org/analysis/government-accountability-office-fall-2012-budget-outlook
As policymakers consider how best to address our looming fiscal challenges, there is a growing debate about whether the U.S. can reduce defense spending without jeopardizing its national security.
The State Budget Crisis Task Force released the first-ever comprehensive report detailing threats to states' fiscal sustainability and actions that can be taken to address them.
https://www.pgpf.org/what-we-are-doing/grants/state-budget-crisis-task-force-announcement
Controlling our structural budget deficits will require major changes in budget policy.
https://www.pgpf.org/budget-basics/state-of-the-unions-finances/the-elements
The report focuses on the fiscal conditions in six heavily populated states which together account for a third of the nation's population and almost 40 cents of every dollar in spending by state and local governments.
https://www.pgpf.org/analysis/state-budget-crisis-task-force
Tax expenditures are often "spending in disguise" because they are used by Congress to direct resources to specific constituencies and priorities — much like spending programs.
https://www.pgpf.org/analysis/the-debate-over-tax-expenditures
This fall, PGPF research staff will publish a series of one-page articles, providing objective analyses on major government programs and policies.