Budget Basics: Medicare
Medicare is an essential health insurance program serving millions of Americans, and a major part of the federal budget and our fiscal outlook.
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Medicare is an essential health insurance program serving millions of Americans, and a major part of the federal budget and our fiscal outlook.
Peterson Foundation Chairman Pete Peterson spoke at the Committee for Economic Development’s Distinguished Performance Awards Dinner about the importance of long-term fiscal sustainability and its impact on the nation’s economy and future generations.
CBO’s estimate of the cumulative deficit over the next 10 years totals $2.3 trillion more than the Administration had estimated.
Federal trust funds bear little resemblance to their private-sector counterparts.
https://www.pgpf.org/budget-basics/budget-explainer-what-are-federal-trust-funds
Social Security is the largest single program in the federal budget and makes up approximately one quarter of total federal spending.
https://www.pgpf.org/budget-basics/how-does-social-security-work
The nation's long-term fiscal outlook is unsustainable. Publicly held debt currently equals 70 percent of gross domestic product, the most common measure of an economy's size.
https://www.pgpf.org/budget-basics/state-of-the-unions-finances/introduction
National security is both a vital priority and a significant part of the federal budget.
https://www.pgpf.org/infographic/infographic-the-facts-about-us-defense-spending
The Peter G. Peterson Foundation launches an original series of interactive data visualizations that are a new way to look at our national fiscal picture.
https://www.pgpf.org/press-release/press-advisory-a-new-way-to-look-at-our-national-debt
As Raimondo examined Rhode Island’s retirement system during her first months in office, it became clear that pension plans for state employees and teachers were unsustainable.
https://www.pgpf.org/pgpf-programs-and-projects/gina-raimondo-rhode-island-general-treasurer
Relative to the GAO’s last update of their long-term simulation, the nation’s fiscal condition has deteriorated.