The President's Budget Proposes Large Spending Cuts, but Leaves Debt at High Levels
President Trump released his fourth budget, which outlines the administration's policy proposals, budget projections, and economic forecast for the next decade.
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President Trump released his fourth budget, which outlines the administration's policy proposals, budget projections, and economic forecast for the next decade.
Today, the Social Security and Medicare Trustees released their annual reports on the programs’ financing, showing that the future of these vital programs remain at risk.
https://www.pgpf.org/blog/2023/03/social-security-and-medicare-are-facing-serious-shortfalls
CBO finds that under the President’s budget, debt would remain at historically high levels over the next ten years.
https://www.pgpf.org/blog/cbo-analysis-of-the-presidents-fy-2016-budget
The President’s budget for fiscal year 2022 calls for a large increase in nondefense discretionary spending next year as well as substantial spending for infrastructure and social programs over the upcoming decade.
Up to Us provides an opportunity for college students to raise awareness and engagement on America's long-term fiscal and economic challenges.
https://www.pgpf.org/blog/highlights-from-the-2014-up-to-us-campus-competition
The budget would achieve some deficit reduction on paper under the administration's calculations, but it fails to address the key drivers of our debt.
Two of America’s top economists said Monday that while the U.S. faces a complex mix of fiscal and economic challenges, they don’t see an immediate threat of recession.
Up to Us kicks off at colleges and universities across the country, with three weeks of nonpartisan campaigns to raise awareness about the national debt.
https://www.pgpf.org/blog/2016/02/up-to-us-4th-annual-competition-kicks-off
One of the largest drivers of that rising debt is federal spending on major healthcare programs, such as Medicare and Medicaid.
The U.S. spends twice as much on prescription drugs as other comparatively wealthy nations, on average.