Welcome Back, Congress 2014
In the legislative days remaining before the 113th Congress adjourns, there is much urgent work to be done to put the nation on a more sustainable and predictable path, now and in the future.
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In the legislative days remaining before the 113th Congress adjourns, there is much urgent work to be done to put the nation on a more sustainable and predictable path, now and in the future.
Each year, through the budget process, the President and Congress have the opportunity to set priorities for the federal government, determining how much should be spent through appropriations for annually-funded programs, known as discretionary spending, and providing the opportunity to review entitlement programs and the tax code.
https://www.pgpf.org/budget-basics/federal-budget-process-a-primer
The Peter G. Peterson Foundation’s September Fiscal Confidence Index, a monthly measure of public attitudes about the nation’s long-term debt and the efforts elected leaders are making to address America’s fiscal challenges, shows that Americans remain highly concerned about the country’s fiscal situation.
https://www.pgpf.org/press-release/2014/09/fci-press-release
This important piece of legislation established the federal budget process still in use today.
https://www.pgpf.org/blog/qa-40th-anniversary-congressional-budget-act
As part of the second year of the Up to Us initiative, student teams from 24 colleges and universities are launching innovative, creative and thought-provoking campus campaigns focused on fiscal issues.
The 2014 mid-term elections may be over, but America's long-term fiscal and economic challenges remain.
https://www.pgpf.org/analysis/lame-duck-deadlines-and-long-term-priorities
The Peterson Foundation releases a statement on the 2014 State of the Union address.
The Peter G. Peterson Foundation’s December Fiscal Confidence Index, a monthly measure of public attitudes about the nation’s long-term debt and the efforts elected leaders are making to address America’s fiscal challenges, is 43 (100 is neutral), indicating voters’ ongoing concern about America’s fiscal future.
https://www.pgpf.org/press-release/2014/12/fci-press-release
A look at the Congressional Budget and Impoundment Control Act of 1974, on the 40th anniversary of its passage.
https://www.pgpf.org/analysis/q-and-a-congressional-budget-and-impoundment-control-act-of-1974
All three budget plans achieve deficit reduction within the 10-year window relative to current law, though they make different choices on revenues and spending levels for particular programs and achieve different results.