Statement by PGPF on President Obama's Executive Order Creating a Fiscal Commission
The Peter G. Peterson Foundation issues a statement on President Obama's executive order creating a fiscal commission.
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The Peter G. Peterson Foundation issues a statement on President Obama's executive order creating a fiscal commission.
The Peter G. Peterson Foundation today convened a broad range of senior officials, policy-makers, elected leaders, and experts at its first-ever "2010 Fiscal Summit: America’s Crisis and A Way Forward" to launch a national bipartisan dialogue on America’s fiscal challenges.
The United States, by far, spends the greatest amount on military (in nominal terms) than any other country.
https://www.pgpf.org/analysis/why-defense-matters-for-deficit-reduction
The defense share of the federal budget has averaged 21 percent over the past two decades.
The Peter G. Peterson Foundation hosts the first-ever “2010 Fiscal Summit: America’s Crisis and A Way Forward” to launch a national bipartisan dialogue on America’s fiscal challenges.
The reports provide both the short-and long-term financial outlooks for the trust funds.
Medicare’s financial problems affect the entire budget, and are largely responsible for projected increases in federal deficits.
https://www.pgpf.org/analysis/the-financial-condition-of-medicare
According to the Joint Committee on Taxation, the provisions in this agreement will add $857.8 billion to the deficit by 2020.
https://www.pgpf.org/analysis/2010/12/compromise-tax-framework-agreement
Highest ranking economic officials from both parties foresee another U.S. economic crisis within 10 years unless the country takes immediate action on structural deficit.
The Peter G. Peterson Foundation launches campaign to address debt.
https://www.pgpf.org/press-release/2010/11/peterson-foundation-to-launch-campaign-to-address-debt