Why Defense Matters For Deficit Reduction
The United States, by far, spends the greatest amount on military (in nominal terms) than any other country.
https://www.pgpf.org/analysis/why-defense-matters-for-deficit-reduction
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The United States, by far, spends the greatest amount on military (in nominal terms) than any other country.
https://www.pgpf.org/analysis/why-defense-matters-for-deficit-reduction
The Peter G. Peterson Foundation presents a primer on the federal budget.
https://www.pgpf.org/budget-basics/the-federal-budget-primer
The Peter G. Peterson Foundation issues a statement on President Obama's executive order creating a fiscal commission.
Over the 2011-2020 period CBO’s deficit estimates are more that $1 trillion higher than those projected by the Administration.
https://www.pgpf.org/press-release/cbos-reestimate-of-the-presidents-budget
Peter G. Peterson releases a statement on news reports on White House and Congress discussions.
While the recession has technically ended, our economy is still suffering and far from completely recovered.
According to the report, reaching primary balance would require a reduction of $255 billion in the projected deficit in 2015.
https://www.pgpf.org/analysis/cap-shows-what-it-might-take-to-balance-the-budget
The defense share of the federal budget has averaged 21 percent over the past two decades.
While countries continue to recover from the crisis, the international fiscal outlook has not substantially improved.
https://www.pgpf.org/analysis/fiscal-monitor-series-navigating-the-fiscal-challenges
The poverty rate in 2009 was 14.3 percent, up from 13.2 percent in 2008. This is the highest rate since 1994.
https://www.pgpf.org/analysis/census-bureau-report-on-poverty-and-health-insurance-coverage