Op-Ed: On Budget, 10 Is Not Enough
Michael A. Peterson writes an op-ed for POLITICO about the 10-year outlook on deficits.
https://www.pgpf.org/press-release/op-ed-on-budget-10-is-not-enough
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Michael A. Peterson writes an op-ed for POLITICO about the 10-year outlook on deficits.
https://www.pgpf.org/press-release/op-ed-on-budget-10-is-not-enough
The Congressional Budget Office's latest Budget and Economic Outlook provides sobering new evidence that our nation's fiscal policies are on an unsustainable and uncertain path.
https://www.pgpf.org/analysis/analysis-of-cbo%E2%80%99s-budget-outlook-fiscal-years-2012-2022
Under current spending and tax policies, federal debt would be on a path that climbs to about 200 percent of gross domestic product within 25 years, according to CBO.
Even party extremes want bipartisan progress: 93% of Liberal Democrats and 85% of Tea Party supporters strongly agree that both parties should work together to solve our long-term fiscal and economic problems.
67% of registered voters strongly agree that "I am willing to do my part to reduce the national debt, as long as other people also do their part."
The nonpartisan Congressional Budget Office has released a mid-year update to its projections of the nation’s federal finances and economic health.
Under the current policy scenario, the federal government is projected to run permanent primary spending deficits.
https://www.pgpf.org/analysis/government-accountability-office-fall-2012-budget-outlook
In an effort to foster greater discussion on the nation's long-term fiscal challenges during the 2012 election campaign season, the Peter G. Peterson Foundation, in partnership with Bloomberg LP, sponsored "Fiscal Thursday" at both the Republican and Democratic National Conventions.
https://www.pgpf.org/events/fiscal-thursdays-at-2012-national-conventions
This fall, PGPF research staff will publish a series of one-page articles, providing objective analyses on major government programs and policies.
Peterson foundation holds fiscal cliff forum today — brings together lawmakers and policy experts to discuss solutions to nation's long-term fiscal challenges.
https://www.pgpf.org/press-release/2012/11/peterson-foundation-holds-2012-fiscal-cliff-forum
The Peterson Foundation’s 2012 Fiscal Summit–America's Case For Action convenes the nation's leading fiscal policy experts and elected officials at a critical moment of opportunity to make progress on America's long-term fiscal challenges.