A Brighter Economic Future
America's economic future depends on policymakers’ willingness to agree on a plan that will put our nation on a sustainable fiscal course.
https://www.pgpf.org/pgpf-programs-and-projects/a-brighter-economic-future
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America's economic future depends on policymakers’ willingness to agree on a plan that will put our nation on a sustainable fiscal course.
https://www.pgpf.org/pgpf-programs-and-projects/a-brighter-economic-future
The report projects that in 2018 — for the first time since 1982 — the program’s total costs will exceed its total income.
Social Security’s finances are facing growing pressure due to the aging of the population.
https://www.pgpf.org/analysis/2017/07/trustees-warn-social-security-in-financial-trouble
The combined Social Security trust funds are projected to be fully depleted by 2034 — just 18 years from now.
https://www.pgpf.org/analysis/2016/06/trustees-warn-social-security-in-financial-trouble
Peter G. Peterson, Chairman of the Peter G. Peterson Foundation, releases a statement on President Obama's State of the Union Address.
Although this spending bill, along with the Bipartisan Budget Act of 2013, ends the cycle of lurching from crisis to crisis, it does not address the long-term fiscal challenges facing our nation.
https://www.pgpf.org/analysis/top-five-takeaways-%E2%80%94-consolidated-appropriations-act-of-2014
The U.S. spent $187 billion on interest payments alone in 2009.
If all of the proposals in the budget were adopted, government debt would still soar to unsustainable levels in the long run, even under the optimistic assumptions used in the administration’s long-run projections.
Controlling our structural budget deficits will require major changes in budget policy.
https://www.pgpf.org/budget-basics/state-of-the-unions-finances/the-elements
Donald Trump entered office with the highest level of debt to GDP of any incoming president since Harry Truman.
https://www.pgpf.org/infographic/infographic-the-national-debt-and-our-economy