Happy Fiscal New Year?
For the third year in a row, Congress did not adopt a budget resolution.
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For the third year in a row, Congress did not adopt a budget resolution.
The results of the Peterson Foundation’s Solutions Initiative III are in: researchers from five leading think tanks agree that there are many ways to stabilize the nation’s long-term debt.
The Senior Director will engage with a range of research organizations from across the ideological spectrum to initiate new ideas, refine existing ones, and promote the combination of those most likely to address America’s long-term fiscal challenges.
https://www.pgpf.org/about/careers/senior-director-fiscal-policy
“No review of the state of our union is complete without acknowledging our nation’s high and rising debt," Michael A. Peterson, CEO of the Peter G. Peterson Foundation, said.
The latest report from the nonpartisan Congressional Budget Office (CBO) reiterates that the federal budget is on an unsustainable trajectory.
The Congressional Budget Office released its 2015 Long-Term Fiscal Outlook, which projects that by 2040, federal debt will climb to over 100 percent of GDP under current law and could reach 175 percent of GDP under less optimistic assumptions.
The updated 2010 projection is a slight improvement over CBO ‘s March estimate primarily as a result of higher than expected corporate revenues and receipts from the Federal Reserve.
https://www.pgpf.org/analysis/cbo%E2%80%99s-august-2010-budget-outlook
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.
Recent budget reforms have not significantly improved the nation’s long-term fiscal outlook, according to a report released today by the Peter G. Peterson Foundation.