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The new numbers demonstrate the severe economic damage and significant fiscal implications of this unprecedented crisis.
Today, Peterson Foundation President & CEO Michael A. Peterson testified before the Senate Budget Committee on ways to reform the federal budget process.
Every month the U.S. Treasury releases data on the federal budget, including the current deficit. Here is the data for September 2020.
https://www.pgpf.org/the-current-federal-budget-deficit/budget-deficit-september-2020
A new five-year, $1.9 million grant will support the Howard University Department of Economics and the Women’s Institute on Science, Race and Equity (WISER) in their innovative work to increase diversity in the field of economics and promote greater inclusion in fiscal and economic policymaking.
“America’s top policy priority right now is defeating this virus and helping the millions of Americans who are suffering economically, but as we look ahead it’s clear that Americans are growing more concerned about how we will deal with our national debt once this crisis ends.” said Michael A. Peterson, CEO of the Peterson Foundation.
https://www.pgpf.org/press-release/2020/06/fci-press-release
For the third year in a row, Congress did not adopt a budget resolution.
Our mission is to increase awareness of the nature and urgency of key fiscal challenges threatening America’s future and to accelerate action on them.
Michael A. Peterson, President and COO of the Peter G. Peterson Foundation, released the following statement today following Senate approval of the Bipartisan Budget Act of 2013.
New $1 million research initiative will help inform and improve pandemic relief and recovery policies.
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