Explainers
Understanding Complex Budget Terms and Processes: What is a Congressional Budget Resolution?
A Congressional Budget Resolution is a “blueprint” that guides fiscal decision-making in the Congress.
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About the Peterson Foundation
Programs & Projects
National Debt and the Next Generation
They are burdened by record student debt. They are entering the workforce during a time of unprecedented economic uncertainty, in a nation with crumbling infrastructure, a climate in crisis, and rising inequality.
Explainers
Jan 4, 2024
Budget Basics: Tax Expenditures
Tax expenditures can come in the form of exclusions, exemptions, deductions, and credits.
About the Peterson Foundation
Analysis
Budget Process Reform Principles
Here are principles for reform to help ensure that our budget process is conducive to fiscally responsible policymaking.
About the Peterson Foundation
Michael A. Peterson
As chairman and chief executive officer of the Peter G. Peterson Foundation, Michael Peterson oversees the strategic direction of the Foundation, guiding policy and shaping strategy for its major initiatives, key partnerships, and long-term objectives.
Explainers
Understanding the Budget
Policymakers use the federal budget process to establish spending priorities and identify revenue to pay for those activities.
https://www.pgpf.org/finding-solutions/understanding-the-budget
Explainers
Understanding Complex Budget Terms and Processes: What is the Byrd Rule?
The Byrd Rule restricts what can be included in reconciliation legislation in the Senate.
Explainers
What Is the Disaster Relief Fund?
Climate and weather-related natural disasters are becoming increasingly frequent. In addition to endangering lives, they are economically costly.
https://www.pgpf.org/budget-basics/what-is-the-disaster-relief-fund