Welcome Back, Congress — Congress Faces Key Fiscal Deadline when Returning from Recess
While Congress has not taken steps toward reining in our high and rising national debt, lawmakers did address a couple of pending fiscal items.
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While Congress has not taken steps toward reining in our high and rising national debt, lawmakers did address a couple of pending fiscal items.
The Stockton University team took first prize for its innovative campaign to educate and engage millennials on how to address America's long-term national debt.
https://www.pgpf.org/blog/stockton-university-wins-2015-up-to-us-college-campus-competition
Trump outlined some broad strokes of his budget proposal, but lawmakers and voters are anxious to see where the administration stands on a number of issues.
https://www.pgpf.org/blog/2017/03/the-fiscal-month-in-review-questions-about-policy-specifics-remain
“The federal government’s fiscal path is unsustainable," warns the Government Accountability Office.
Unless addressed soon, the growing national debt will "seriously jeopardize and undermine the American economy," said former Secretary of Defense Leon Panetta.
Under current law, the U.S. budget deficit will exceed $1 trillion each year beginning in 2022 and total $11.4 trillion over the upcoming decade.
Budget process rules like PAYGO help ensure that fiscal considerations are an important part of policymaking.
https://www.pgpf.org/blog/2019/01/the-house-is-returning-to-PAYGO
A pair of top policy experts offer insights into the economy, the effectiveness of relief legislation, and what it all means for the election and beyond.
Lawmakers should pursue policies that don’t make our fiscal outlook even worse.
https://www.pgpf.org/blog/2017/10/tax-cuts-then-and-now-the-debt-is-much-higher
CBO reports that the fiscal outlook is dramatically worse than it was last year, primarily due to the fiscally irresponsible tax legislation and budget deal.
https://www.pgpf.org/blog/2018/04/a-return-to-trillion-dollar-deficits