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"Reaching $20 trillion in debt should be a wake-up call to solve our fiscal challenges, not an invitation to add to the problem," said Michael A. Peterson, President and CEO of the Peter G. Peterson Foundation.
There is one cap for national defense and another cap for non-defense programs.
Social Security, America’s essential public retirement program, is on a path to depletion in less than 10 years.
A mixed picture emerges from a new study commissioned by the Peter G.Peterson Foundation on America's Affordable Health Choices Act of 2009 (H.R. 3200).
https://www.pgpf.org/press-release/2009/09/health-care-bill-coverage-gain-fiscal-pain
As the Trump administration marks the 100 day milestone, a number of pressing fiscal issues remain to be resolved.
With our economy in recovery, the national debt rising unsustainably, the country still grappling with a devastating pandemic, and lawmakers pursing significant new legislation, America faces many critical questions for its future. To shed light on the best way forward, two top economists participated in a panel discussion as part of the latest edition of the Peterson Foundation Economic Forum.
As the nation edges closer to the fiscal cliff, a group of distinguished defense, economic and foreign policy leaders today issued an urgent call to address the U.S. fiscal situation, identifying our national debt as "the single greatest threat to our national security."
The nonpartisan Congressional Budget Office has released a mid-year update to its projections of the nation’s federal finances and economic health.
Powell noted that the current economic expansion is the longest on record and emphasized the need to consider the long-term implications of fiscal policy.