President's Budget Relies on Optimistic Economic Projections and Unlikely Spending Cuts
The president's budget misses an opportunity to address the structural causes of our debt and relies instead on overly optimistic economic assumptions.
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The president's budget misses an opportunity to address the structural causes of our debt and relies instead on overly optimistic economic assumptions.
All three budget plans achieve deficit reduction within the 10-year window relative to current law, though they make different choices on revenues and spending levels for particular programs and achieve different results.
The end of the supercommittee doesn’t mean the end of the fiscal policy debate in Washington.
For the third year in a row, Congress did not adopt a budget resolution.
Under the GAO’s most realistic fiscal scenario, debt held by the public will exceed 109 percent of GDP by 2020.
The report focuses on the fiscal conditions in six heavily populated states which together account for a third of the nation's population and almost 40 cents of every dollar in spending by state and local governments.
https://www.pgpf.org/analysis/state-budget-crisis-task-force
At $34 trillion and rising, the national debt threatens America’s economic future. Here are the top ten reasons why the national debt matters.
https://www.pgpf.org/top-10-reasons-why-the-national-debt-matters
A look at the Congressional Budget and Impoundment Control Act of 1974, on the 40th anniversary of its passage.
https://www.pgpf.org/analysis/q-and-a-congressional-budget-and-impoundment-control-act-of-1974
The budget projections from the Congressional Budget Office (CBO) in August reaffirm the perilous path of deficits and debt expected over the next decade.
The Peter G. Peterson Foundation designed the Solutions Initiative, which asked six organizations representing the wide scope of American political thought to develop comprehensive plans for putting the country on a fiscally sustainable long-term path.
https://www.pgpf.org/analysis/the-2011-fiscal-summit-the-solutions-initiative