Analysis: 2015 GAO Fiscal Outlook
National debt could climb from 74% of GDP in 2014 to 166% of GDP in 2039.
https://www.pgpf.org/analysis/gao-sends-clear-warning-long-term-debt-is-on-an-unsustainable-path
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National debt could climb from 74% of GDP in 2014 to 166% of GDP in 2039.
https://www.pgpf.org/analysis/gao-sends-clear-warning-long-term-debt-is-on-an-unsustainable-path
The Peter G. Peterson Foundation’s February Fiscal Confidence Index shows that Americans remain highly concerned about the country’s unsustainable fiscal path.
https://www.pgpf.org/press-release/2015/02/fci-press-release
Learn more about the Peter G. Peterson Foundation in our 2012-2014 Progress Report, which highlights our work over the past three years.
Peterson Foundation Chairman Pete Peterson spoke at the Committee for Economic Development’s Distinguished Performance Awards Dinner about the importance of long-term fiscal sustainability and its impact on the nation’s economy and future generations.
The Congressional Budget Office released its 2015 Long-Term Fiscal Outlook, which projects that by 2040, federal debt will climb to over 100 percent of GDP under current law and could reach 175 percent of GDP under less optimistic assumptions.
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.
An op-ed by PGPF Founder and Chairman Pete Peterson is featured today in USA Today.
https://www.pgpf.org/blog/pete-peterson-op-ed-on-greek-crisis-in-usa-today
With important fiscal deadlines looming in coming weeks, the nation’s fiscal outlook remains a top concern for American voters.
https://www.pgpf.org/press-release/2015/10/fci-press-release
The results of the Peterson Foundation’s Solutions Initiative III are in: researchers from five leading think tanks agree that there are many ways to stabilize the nation’s long-term debt.
Michael A. Peterson, President & COO of PGPF, commented today as the Congressional Budget Office released its Budget and Economic Outlook for fiscal years 2015-2025.