GAO: The Federal Government’s Long-Term Fiscal Outlook Fall 2010 Update
Under the GAO’s most realistic fiscal scenario, debt held by the public will exceed 109 percent of GDP by 2020.
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Under the GAO’s most realistic fiscal scenario, debt held by the public will exceed 109 percent of GDP by 2020.
According to the report, reaching primary balance would require a reduction of $255 billion in the projected deficit in 2015.
https://www.pgpf.org/analysis/cap-shows-what-it-might-take-to-balance-the-budget
The CBO provides two projections of the nation's fiscal future over the next 75 years: one based upon laws currently on the books; and one that reflects selected changes to those laws that lawmakers are widely expected to make.
https://www.pgpf.org/analysis/cbo-releases-the-2010-long-term-budget-outlook
The Peterson-Pew Commission on Budget Reform's second report, Getting Back in the Black, offers a detailed set of options to reform the federal budget process.
https://www.pgpf.org/what-we-are-doing/grants/peterson-pew-commission-report
Learn about steps you can take to help cure our fiscal ills.
https://www.pgpf.org/budget-basics/download-the-citizen%E2%80%99s-guide
Over the 2011-2020 period CBO’s deficit estimates are more that $1 trillion higher than those projected by the Administration.
https://www.pgpf.org/press-release/cbos-reestimate-of-the-presidents-budget
I.O.U.S.A.: Solutions, a follow-up special that is premiering on CNN this weekend, will focus on solutions to the fiscal crisis and it will feature new footage from the producers of I.O.U.S.A. and a panel discussion with experts from a variety of viewpoints, spanning across generations.
https://www.pgpf.org/press-release/iousa-solutions-premieres-on-cnn
While the recession has technically ended, our economy is still suffering and far from completely recovered.
The Peter G. Peterson Foundation hosts the first-ever “2010 Fiscal Summit: America’s Crisis and A Way Forward” to launch a national bipartisan dialogue on America’s fiscal challenges.
Peter G. Peterson releases a statement on news reports on White House and Congress discussions.