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The legislation includes support for families and lower-income households, funding for climate change, infrastructure and healthcare, and a range of other social investments and tax policy. The new spending is mostly, but not fully, offset by other savings in the bill.
https://www.pgpf.org/infographic/what-is-in-the-build-back-better-act
There will be a number of consequences from a gradual increase in the federal funds rate over time.
The Peter G. Peterson releases a new analysis and infographic to help illustrate and define the nation's ongoing long-term fiscal challenges.
The House and Senate must show leadership in key issues facing the nation, like finding consensus on a $90 billion budget gap before the end of the fiscal year, or next month’s looming debt ceiling debate.
https://www.pgpf.org/press-release/infographic-%E2%80%94-welcome-back-congress
The leaders we elect will be tasked with taming our growing national debt — making this one of the most critical elections in recent memory.
https://www.pgpf.org/analysis/will-the-presidential-candidates-debate-the-debt
A new poll released today and commissioned by the Peter G. Peterson Foundation finds that American voters are deeply concerned that upcoming fights over the debt ceiling and a possible government shutdown will harm the economy.
The Peterson Foundation releases a statement on the deal to end the government shutdown.
A broad, bipartisan majority of voters agree that the national debt is a key issue for the 2020 campaign.
https://www.pgpf.org/infographic/voters-agree-the-national-debt-is-a-bipartisan-priority
On our current path, CBO projects that deficits will reach $1.0 trillion by 2022 and total $10.1 trillion over the next ten years.
https://www.pgpf.org/analysis/2017/06/cbo-unsustainable-deficits-threaten-future-economic-growth
“It’s unfortunate that even the Committee’s draft package of modest recommendations failed to advance. Significant work remains to address America’s fiscal challenges and the Committee’s proposals could have been a small step in the right direction to improve our budget process." Michael A. Peterson, CEO of the Peter G. Peterson Foundation, said.