CBO Warns Fiscal Path is Unsustainable & Threatens Economic Growth
The outlook for the federal budget has worsened considerably since last year, according to a new report.
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The outlook for the federal budget has worsened considerably since last year, according to a new report.
This outlook is particularly worrisome because the baby boom generation is beginning to retire and will place growing demands on Social Security, Medicare, and Medicaid in the 2020s.
The end of the supercommittee doesn’t mean the end of the fiscal policy debate in Washington.
Relative to the GAO’s last update of their long-term simulation, the nation’s fiscal condition has deteriorated.
The President’s budget reflects a dramatically worse fiscal outlook than last year’s version released just nine months ago.
As Congress returns from its August recess, lawmakers face a to-do list filled with important fiscal deadlines.
Since its establishment in 2008, the Peter G. Peterson Foundation has been dedicated to advancing solutions to our nation’s long-term fiscal challenges.
https://www.pgpf.org/analysis/the-peter-g-peterson-foundation-progress-report-2008-2011
The 114th Congress has a new opportunity to address our debt and long-term fiscal challenges, strengthen our economy, and put our nation's fiscal future on a sustainable path.
Medicare faces significant financial challenges in future years because of rising healthcare spending and an aging population.
https://www.pgpf.org/analysis/2019/04/trustees-funding-challenges-threaten-medicare%E2%80%99s-future
The Congressional Budget Office's latest Budget and Economic Outlook provides sobering new evidence that our nation's fiscal policies are on an unsustainable and uncertain path.
https://www.pgpf.org/analysis/analysis-of-cbo%E2%80%99s-budget-outlook-fiscal-years-2012-2022