Statement from Foundation President, Michael A. Peterson, on Nov. 8th 2012 CBO Report
Michael A. Peterson releases a statement on the Nov. 8th CBO report.
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Michael A. Peterson releases a statement on the Nov. 8th CBO report.
Foundation President Michael A. Peterson releases a statement on CBO's long-term budget outlook.
Michael A. Peterson releases a statement on Congressional Budget Office outlook projections.
The Congressional Budget Office's latest Budget and Economic Outlook provides sobering new evidence that our nation's fiscal policies are on an unsustainable and uncertain path.
https://www.pgpf.org/analysis/analysis-of-cbo%E2%80%99s-budget-outlook-fiscal-years-2012-2022
Michael A. Peterson releases a statement on CBO's August update.
The nonpartisan Congressional Budget Office has released a mid-year update to its projections of the nation’s federal finances and economic health.
Even party extremes want bipartisan progress: 93% of Liberal Democrats and 85% of Tea Party supporters strongly agree that both parties should work together to solve our long-term fiscal and economic problems.
67% of registered voters strongly agree that "I am willing to do my part to reduce the national debt, as long as other people also do their part."
Under current spending and tax policies, federal debt would be on a path that climbs to about 200 percent of gross domestic product within 25 years, according to CBO.
Peterson foundation holds fiscal cliff forum today — brings together lawmakers and policy experts to discuss solutions to nation's long-term fiscal challenges.
https://www.pgpf.org/press-release/2012/11/peterson-foundation-holds-2012-fiscal-cliff-forum
Under the current policy scenario, the federal government is projected to run permanent primary spending deficits.
https://www.pgpf.org/analysis/government-accountability-office-fall-2012-budget-outlook