Budget Basics: The Challenge
America faces a growing crisis. Our federal government has accumulated a $13.6 trillion debt over the last few decades, and this debt is expected to grow significantly in coming years.
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America faces a growing crisis. Our federal government has accumulated a $13.6 trillion debt over the last few decades, and this debt is expected to grow significantly in coming years.
As a federal program, Social Security cannot be any stronger financially than the overall federal government, and looming financial problems in Social Security will have a negative impact on the Federal budget as a whole.
https://www.pgpf.org/analysis/the-financial-condition-of-social-security
The PGPF summary closely examines the key areas of the latest federal financial statement, including: the economy, the budget, the debt, challenges ahead, and the economic recovery.
https://www.pgpf.org/analysis/summary-of-the-2009-financial-report-of-the-us
The Peter G. Peterson Foundation releases a statement on President Obama's FY2011 budget.
https://www.pgpf.org/press-release/2010/02/statement-by-pgpf-on-president-obamas-fy2011-budget
The reports provide both the short-and long-term financial outlooks for the trust funds.
The United States, by far, spends the greatest amount on military (in nominal terms) than any other country.
https://www.pgpf.org/analysis/why-defense-matters-for-deficit-reduction
Learn about steps you can take to help cure our fiscal ills.
https://www.pgpf.org/budget-basics/download-the-citizen%E2%80%99s-guide
The Peter G. Peterson Foundation presents a primer on the federal budget.
https://www.pgpf.org/budget-basics/the-federal-budget-primer
Peter G. Peterson pens an op-ed in the Wall Street Journal about tax aversion syndrome.
https://www.pgpf.org/press-release/tax-aversion-syndrome-and-our-deficit-future-by-peter-g-peterson
I.O.U.S.A.: Solutions, a follow-up special that is premiering on CNN this weekend, will focus on solutions to the fiscal crisis and it will feature new footage from the producers of I.O.U.S.A. and a panel discussion with experts from a variety of viewpoints, spanning across generations.
https://www.pgpf.org/press-release/iousa-solutions-premieres-on-cnn