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Take our quiz to see how much you really know about how revenues are collected and federal funds are spent.
https://www.pgpf.org/quiz/how-much-do-you-know-about-the-federal-budget
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.
Framing the national debt as a national security imperative, the Coalition for Fiscal and National Security is led by a group of distinguished defense, economic, and foreign policy leaders calling for sound fiscal and defense policies to reflect the realities of the 21st century.
https://www.pgpf.org/pgpf-programs-and-projects/coalition-for-fiscal-and-national-security
Under the current policy scenario, the federal government is projected to run permanent primary spending deficits.
https://www.pgpf.org/analysis/government-accountability-office-fall-2012-budget-outlook
Interest costs are on track to become the largest category of spending in the federal budget.
https://www.pgpf.org/budget-basics/what-are-interest-costs-on-the-national-debt
"The public has to be involved, educated, and understand the consequences of inaction. Legislators will not make difficult decisions unless their constituents see a need and reason to act," writes G. William Hoagland
https://www.pgpf.org/expert-views/fiscal-commission/fiscal-commissions-promises-and-disappointments
Learn about Peterson Foundation projects designed to address America's long-term fiscal and economic challenges.
Mobilize.org and the Peter G. Peterson Foundation today announced the results of their National Youth Summit, which brought one hundred fifty young people from around the country to Chicago, Illinois last week to discuss challenges facing young people, particularly given the economic downturn, and to give them the opportunity to present innovative solutions to the unique issues facing their generation.
https://www.pgpf.org/press-release/pgpf-announces-youth-summit-winners
Become a fiscal leader to help educate and inspire others on the importance of improving our fiscal policy.
The Treasury projects that debt as a percentage of GDP will grow to more than five times the size of the U.S. economy in the next 75 years.
https://www.pgpf.org/blog/2024/03/delaying-fiscal-reform-is-costly-annual-treasury-report-warns