National Debt to Double in Size and Other Key Takeaways from the CBO Long-Term Outlook
Today, the nonpartisan Congressional Budget Office (CBO) released its Long-Term Budget Outlook, which offers a look at the nation’s fiscal health through 2052.
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Today, the nonpartisan Congressional Budget Office (CBO) released its Long-Term Budget Outlook, which offers a look at the nation’s fiscal health through 2052.
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
Healthcare in the United States is very expensive — but we don’t get what we pay for.
https://www.pgpf.org/blog/2023/07/why-the-american-healthcare-system-underperforms
America's economic rebound from the pandemic seems to have begun, according to Phillip Swagel, the director of the nonpartisan Congressional Budget Office.
Our high and rising debt is “a big burden placed on current citizens, based on our past budgetary irresponsibility,” said Michael Peterson, CEO of the Peter G. Peterson Foundation, in a recent appearance on C-SPAN’s Washington Journal.
An overwhelming majority of voters (91%) feel that a stable fiscal foundation will lead to growth.
https://www.pgpf.org/blog/infographic-fiscal-health-leads-to-economic-strength
As the Trump administration marks the 100 day milestone, a number of pressing fiscal issues remain to be resolved.
This year’s report demonstrates why lawmakers should focus their attention toward improving our nation’s debt path as soon as possible.
https://www.pgpf.org/blog/2019/07/why-the-2019-long-term-budget-outlook-is-more-bad-news
The nonpartisan Congressional Budget Office (CBO) released its 2019 Long-Term Budget Outlook, highlighting the significant fiscal challenges facing our nation.
https://www.pgpf.org/blog/2019/06/five-key-takeaways-from-the-cbo-long-term-outlook
The report highlights the structural misalignment in the country’s budget and the resulting unsustainable fiscal trajectory.