After the Supercommittee, Fiscal Policy Questions Still Have to be Addressed
The end of the supercommittee doesn’t mean the end of the fiscal policy debate in Washington.
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The end of the supercommittee doesn’t mean the end of the fiscal policy debate in Washington.
If taxes are not increased or spending is not cut, CBO projects that interest costs will climb and federal debt will grow to levels that will damage our economy.
The Peter G. Peterson Foundation designed the Solutions Initiative, which asked six organizations representing the wide scope of American political thought to develop comprehensive plans for putting the country on a fiscally sustainable long-term path.
https://www.pgpf.org/analysis/the-2011-fiscal-summit-the-solutions-initiative
The President’s budget for Fiscal Year 2012 contains spending and revenue proposals for the remainder of the current year, as well as the coming decade.
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.
In this candid and informal video series, Foundation Chairman Pete Peterson discusses the economy, our nation’s fiscal challenges, and the personal experiences that underlie his dedication to preserving the American Dream.
https://www.pgpf.org/analysis/qa-with-pete-peterson-chairman-of-the-peter-g-peterson-foundation