GAO: Congress and Trump Administration Face Serious Fiscal Challenges
“The federal government’s fiscal path is unsustainable," warns the Government Accountability Office.
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“The federal government’s fiscal path is unsustainable," warns the Government Accountability Office.
Michael Peterson releases a statement following a speech by Gov. Chris Christie in New Hampshire.
“In the last month alone, the concerns about our growing national debt have spiked meaningfully,” said Michael A. Peterson, CEO of the Peterson Foundation.
https://www.pgpf.org/press-release/2021/05/fci-press-release
CBO projects that the federal budget deficit will increase as a share of GDP for the first year since 2009.
https://www.pgpf.org/analysis/2016/08/CBO-deficits-are-back-on-the-rise
There will be a number of consequences from a gradual increase in the federal funds rate over time.
"The deficit has essentially doubled in just one year. That’s very alarming, but the fact that the deficit grew so much during a time of economic growth is an even more serious warning sign for our nation’s future."
https://www.pgpf.org/press-release/2023/10/peterson-foundation-statement-as-deficit-soars
Social Security, America’s essential public retirement program, is on a path to depletion in less than 10 years.
Let's take a closer look at a few key characteristics of Treasury borrowing that can affect its budgetary cost.
https://www.pgpf.org/blog/2023/08/how-does-the-treasury-issue-debt
The Peter G. Peterson Foundation releases a statement on Chairman Paul Ryan's budget proposal.
As fiscal discussions continue with deadlines imminent, The Peter G. Peterson Foundation’s September Fiscal Confidence Index registered continued negative public sentiment on the country’s fiscal challenges.
https://www.pgpf.org/press-release/2013/09/fci-press-release