Analysis: Happy Fiscal New Year 2016
Lawmakers should use the opportunities presented by the annual budgetary process to set policy priorities and provide more certainty about our nation’s fiscal policy.
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Lawmakers should use the opportunities presented by the annual budgetary process to set policy priorities and provide more certainty about our nation’s fiscal policy.
Michael A. Peterson, President and CEO of the Peter G. Peterson Foundation, commented today following the enactment of bipartisan legislation to avert a government shutdown, address the debt ceiling, and establish discretionary spending levels.
The lack of a long-term solution for federal funding for transportation creates uncertainty, which is disruptive for the planning of construction projects.
https://www.pgpf.org/budget-basics/more-stop-and-go-financing-of-highway-trust-fund
Michael A. Peterson, President & COO of PGPF, commented today following the appointment of Dr. Keith Hall to serve as Director of the Congressional Budget Office, succeeding Douglas Elmendorf.
Today, the Congressional Budget Office released its Update to the Budget and Economic Outlook: 2015-2025, which projects that federal debt will rise to 77 percent of GDP in 2025, a historically high level of debt that threatens economic growth over the long term.
The Stockton University team took first prize for its innovative campaign to educate and engage millennials on how to address America's long-term national debt.
https://www.pgpf.org/blog/stockton-university-wins-2015-up-to-us-college-campus-competition
Michael A. Peterson, President & COO of PGPF, commented today as the Congressional Budget Office released its Budget and Economic Outlook for fiscal years 2015-2025.