Budget Basics: Spending Primer
The U.S. spent $187 billion on interest payments alone in 2009.
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The U.S. spent $187 billion on interest payments alone in 2009.
While a 10-year window is currently the standard, the number of years covered by budget resolutions has varied.
The rapid growth in health care costs is the largest and fastest growing fiscal challenge.
The legislation is fiscally irresponsible and will add significantly to America's national debt.
https://www.pgpf.org/analysis/congress-passes-costly-and-unfunded-tax-legislation
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For more information about America’s fiscal challenge and potential solutions, visit the Peter G. Peterson Foundation at www.pgpf.org. The following websites also provide a wealth of information on the U.S. budget and various policy areas.
https://www.pgpf.org/budget-basics/state-of-the-unions-finances/learn-more
The trustees are calling on policymakers to act with urgency to shore up this essential program.
https://www.pgpf.org/analysis/2016/06/medicare-trustees-warn-of-serious-financial-shortfalls
My Two Cents Day, part of the Up to Us campaign sponsored by the Peter G. Peterson Foundation in partnership with the Clinton Global Initiative University (CGI U) and Net Impact, is a student-led effort to engage, educate and inspire action among the generation most impacted by the nation’s long term fiscal and economic health.
https://www.pgpf.org/press-release/2015/02/thousands-of-college-students-unite-to-offer-my-two-cents
I.O.U.S.A. is a 2008 documentary about the America's looming fiscal crisis. The film opened in over 300 theaters, followed by private showings on college campuses, in corporate media rooms and at community clubs.
Sequestration is a process that cuts federal spending through across-the-board reductions.
https://www.pgpf.org/budget-basics/what-you-should-know-about-the-sequester
As Congress returns from their break, here are the issues and key points to keep in mind this fall.
https://www.pgpf.org/infographic/infographic-welcome-back-congress