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Under current spending and tax policies, federal debt would be on a path that climbs to about 200 percent of gross domestic product within 25 years, according to CBO.
For the third year in a row, Congress did not adopt a budget resolution.
Controlling our structural budget deficits will require major changes in budget policy.
https://www.pgpf.org/budget-basics/state-of-the-unions-finances/the-elements
This fall, PGPF research staff will publish a series of one-page articles, providing objective analyses on major government programs and policies.
Building on work that began with the Foundation's Solutions Initiative last year, experts from the American Action Forum, the Bipartisan Policy Center, the Center for American Progress, the Economic Policy Institute and The Heritage Foundation have each composed specific plans to set the country on a more sustainable fiscal path, and set out their top priorities for the President and Congress.
The Peter G. Peterson Foundation, Clinton Global Initiative University and Net Impact Announce Nationwide Campus Fiscal Competition.
As the nation shifts its attention from the election to the major challenge posed by the upcoming Fiscal Cliff, some of the country's most influential voices on fiscal and economic issues will come together at a forum convened by the Peter G. Peterson Foundation.
The State Budget Crisis Task Force released the first-ever comprehensive report detailing threats to states' fiscal sustainability and actions that can be taken to address them.
https://www.pgpf.org/what-we-are-doing/grants/state-budget-crisis-task-force-announcement
The report focuses on the fiscal conditions in six heavily populated states which together account for a third of the nation's population and almost 40 cents of every dollar in spending by state and local governments.
https://www.pgpf.org/analysis/state-budget-crisis-task-force
Americans must task their newly elected officials with tackling the nation's debt — and hold them accountable for results.
https://www.pgpf.org/analysis/for-a-stronger-economy-deal-with-the-debt