CBO’s Projections Indicate Our Fiscal Trajectory Remains Unsustainable
CBO’s report is the latest warning sign about the dire fiscal outlook.
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CBO’s report is the latest warning sign about the dire fiscal outlook.
A group of respected policy experts share their views on how a bipartisan fiscal commission could help break the cycle of governing by crisis.
The Treasury projects that debt as a percentage of GDP will grow to more than five times the size of the U.S. economy in the next 75 years.
https://www.pgpf.org/blog/2024/03/delaying-fiscal-reform-is-costly-annual-treasury-report-warns
To illuminate what the latest economic indicators mean, connect the dots, and discuss how CBO analysis helps policymakers, CBO Director Phillip Swagel joined Peterson Foundation CEO Michael Peterson for the latest Economic Forum.
Despite a growing economy and low unemployment, federal budget deficits are projected to grow over the next 10 years.
https://www.pgpf.org/blog/2019/01/five-charts-that-summarize-cbos-budget-and-economic-outlook
The end of 2023 marks another year that the country has failed to improve its daunting fiscal outlook.
America's economic rebound from the pandemic seems to have begun, according to Phillip Swagel, the director of the nonpartisan Congressional Budget Office.
The new numbers demonstrate the severe economic damage and significant fiscal implications of this unprecedented crisis.
In 2017, Congress and the President enacted the Tax Cuts and Jobs Act (TCJA), which made significant changes to the tax code for individuals and corporations.
https://www.pgpf.org/blog/2024/03/the-next-fiscal-cliff-big-tax-decisions-to-make-in-2025
Voters are calling on their leaders to take concrete actions to put us on a better fiscal path.