Statement on Congressional Budget Office's Budget and Economic Outlook
Michael A. Peterson releases a statement on the Congressional Budget Office's budget and economic outlook.
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Michael A. Peterson releases a statement on the Congressional Budget Office's budget and economic outlook.
“America’s high and rising national debt threatens our economy, and must be included in the policy conversation this year," said Michael A. Peterson, President and CEO of the Peter G. Peterson Foundation.
https://www.pgpf.org/press-release/2017/03/statement-on-cbos-2017-long-term-budget-outlook
Become a fiscal leader to help educate and inspire others on the importance of improving our fiscal policy.
As we enter a new year, the Peter G. Peterson Foundation’s January Fiscal Confidence Index is 52 (100 is neutral), indicating voters’ ongoing concern about America's fiscal future.
https://www.pgpf.org/press-release/2015/01/fci-press-release
We asked respected policy experts from across the ideological spectrum to share their views on why a commission is needed, how it should be structured, and which policies could help stabilize the debt.
Today, the Congressional Budget Office released its Update to the Budget and Economic Outlook: 2015-2025, which projects that federal debt will rise to 77 percent of GDP in 2025, a historically high level of debt that threatens economic growth over the long term.
The nonpartisan CBO projects that the federal debt would reach 183% of GDP within 25 years.
https://www.pgpf.org/analysis/congressional-budget-offices-2014-long-term-budget-outlook
There are a number of key fiscal issues not only facing the current Congress in coming weeks, but also awaiting the new Congress.
As the budget conference committee works towards a December 13th deadline, voters maintain a negative outlook on the country’s fiscal picture and call on policymakers to "spend more time" addressing the national debt.
https://www.pgpf.org/press-release/2013/11/fci-press-release
Sequestration is a budget procedure used by lawmakers to cancel or limit funding in order to meet budget goals.
https://www.pgpf.org/budget-basics/budget-basics-what-is-sequestration