Why Long-Term Debt Matters: An Explainer
Under current policies, publicly held debt is projected to increase from 73 percent of gross domestic product in 2012 to 83 percent in 2023.
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Under current policies, publicly held debt is projected to increase from 73 percent of gross domestic product in 2012 to 83 percent in 2023.
The latest report by the CBO on the outlook for the U.S. budget and economy highlights the costs of the ongoing weakness in our economy and uncertain direction of our nation’s fiscal policies.
https://www.pgpf.org/analysis/summary-of-cbo-update-on-budget-and-economic-outlook
Peter G. Peterson releases a statement on reports of supercommittee failure to reach an agreement.
Establishing a framework for long-term fiscal sustainability will narrow the gap between federal revenues and spending, and, by doing so, improve prospects for economic growth.
Civic leaders, top CEOs and leading budget experts met in Washington, D.C. today to discuss the national debt and America's unsustainable fiscal trajectory, and to announce the launch of The Campaign to Fix the Debt.
Michael A. Peterson writes an op-ed for POLITICO about the 10-year outlook on deficits.
https://www.pgpf.org/press-release/op-ed-on-budget-10-is-not-enough
The leaders we elect will be tasked with taming our growing national debt — making this one of the most critical elections in recent memory.
https://www.pgpf.org/analysis/will-the-presidential-candidates-debate-the-debt
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
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
Chairman Paul Ryan's budget aims to shrink the size of government to about 20 percent of gross domestic product (GDP) in 2015 and to 15 percent of GDP in 2050.