Welcome Back, Congress 2017
As Congress returns from its August recess, lawmakers face a to-do list filled with important fiscal deadlines.
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As Congress returns from its August recess, lawmakers face a to-do list filled with important fiscal deadlines.
While the recession has technically ended, our economy is still suffering and far from completely recovered.
CBO projects that the federal budget deficit will increase as a share of GDP for the first year since 2009.
https://www.pgpf.org/analysis/2016/08/CBO-deficits-are-back-on-the-rise
Even as Congressional leaders and the president discuss a potential temporary solution to the current stalemate over the government shutdown and the debt ceiling, the repeated cycle of lurching from crisis to crisis has significant and real costs to the U.S. economy.
https://www.pgpf.org/analysis/the-cost-of-crisis-driven-fiscal-policy
The Trustees warn that Congress and the Administration should work "with a sense of urgency" to put the program on a sustainable path.
https://www.pgpf.org/analysis/the-medicare-trustees-report-in-charts
Americans must task their newly elected officials with tackling the nation's debt — and hold them accountable for results.
https://www.pgpf.org/analysis/for-a-stronger-economy-deal-with-the-debt
While there is disagreement on specific remedies, there is broad consensus that our current tax code is broken.
https://www.pgpf.org/analysis/2013-fall-fiscal-agenda-%E2%80%94-tax-reform
Since its establishment in 2008, the Peter G. Peterson Foundation has been dedicated to advancing solutions to our nation’s long-term fiscal challenges.
https://www.pgpf.org/analysis/the-peter-g-peterson-foundation-progress-report-2008-2011
The report anticipates that in 2020 — for the first time since 1982 — the program’s total costs will exceed its total income.
While proposals to raise the retirement age are intended to improve the financial health of the Social Security program, GAO finds that such changes could produce an opposite result, while also having an adverse impact on some of society’s most vulnerable members.