A Report on Fiscal Stimulus
While the recession has technically ended, our economy is still suffering and far from completely recovered.
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While the recession has technically ended, our economy is still suffering and far from completely recovered.
The Peter G. Peterson Foundation issues a statement on President Obama's executive order creating a fiscal commission.
The Peter G. Peterson Foundation issues a statement on the passage of health care reform legislation.
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 U.S. spent $187 billion on interest payments alone in 2009.
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
Peter G. Peterson releases a statement on news reports on White House and Congress discussions.
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
Medicare’s financial problems affect the entire budget, and are largely responsible for projected increases in federal deficits.
https://www.pgpf.org/analysis/the-financial-condition-of-medicare
The rapid growth in health care costs is the largest and fastest growing fiscal challenge.