Statement on CBO's Updated 10-Year Budget Projections
"The era of declining deficits has clearly come to an end."
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"The era of declining deficits has clearly come to an end."
The Peter G. Peterson Foundation Economic Forum brings together thought leaders shaping the future of our nation for in-depth conversations on America’s most pressing issues.
https://www.pgpf.org/what-we-are-doing/events/economic-forum
Since its establishment in 2008, the Peter G. Peterson Foundation has been dedicated to advancing solutions to our nation’s long-term fiscal challenges.
https://www.pgpf.org/analysis/the-peter-g-peterson-foundation-progress-report-2008-2011
If taxes are not increased or spending is not cut, CBO projects that interest costs will climb and federal debt will grow to levels that will damage our economy.
The Foundation engages in a wide range of activities to educate and engage Americans, and raise awareness of the fiscal and economic challenges facing our nation.
https://www.pgpf.org/what-we-are-doing/education-and-awareness
In January 2013, a series of tax increases and spending cuts are slated to go into effect automatically and all at once. Many are calling this major fiscal policy shift the "Fiscal Cliff." If all of the changes are allowed to proceed, future budget deficits would be substantially reduced. However, the nonpartisan Congressional Budget Office has forecast that the economy would be thrown into recession in 2013 — an outcome that threatens our still-fragile economic recovery.
79% agree that a presidential candidate from their party should make the debt one of the top 3 priorities of his or her campaign.
https://www.pgpf.org/blog/2016/03/poll-voters-want-candidates-to-address-national-debt
As the Biden administration and a bipartisan group lawmakers discuss a range of infrastructure investments, vast majorities of voters — including Democrats and Republicans — are calling on leaders to pay for their priorities.
To solve our fiscal challenges in an enduring way, we need input and support from across the ideological spectrum.
We asked experts with diverse views from across the political spectrum to share their perspectives and insights to help understand the landscape and identify solutions.
https://www.pgpf.org/expert-views/inflation-interest-and-the-national-debt