CBO Warns: Fiscal Outlook Remains Unsustainable
Under current law, federal debt is now projected to reach 150 percent of GDP within 30 years — by far an all-time high.
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Under current law, federal debt is now projected to reach 150 percent of GDP within 30 years — by far an all-time high.
The Peter G. Peterson Foundation launched the Fiscal Confidence Index to help policymakers, members of the media, and everyday Americans gauge public opinion on the nation’s fiscal and economic challenges.
https://www.pgpf.org/what-we-are-doing/education-and-awareness/fiscal-confidence-index
The Peter G. Peterson Foundation issues a statement on President Obama's speech on the nation's long-term debt.
The Peter G. Peterson Foundation releases a statement on the vote by the National Commission on Fiscal Responsibility and Reform.
The Peter G. Peterson Foundation releases a statement on the report of the National Commission on Fiscal Responsibility and Reform.
The Peter G. Peterson Foundation held its first Fiscal Summit in 2010 to start a national bipartisan dialogue on critical fiscal issues with thought leaders and prominent stakeholders from across the political spectrum.
"Too often in recent years, Washington has largely governed by crisis. No area better reflects the pressure of constant crisis than the federal budget," writes Leon E. Panetta
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
Many factors contribute to the long-term outlook for the U.S. economy and budget, but there are two major drivers of spending: demographics and rising healthcare costs.
https://www.pgpf.org/the-fiscal-and-economic-challenge/drivers