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“By any measure, the state of the Union’s fiscal outlook is unsustainable, and getting worse,” said Michael A. Peterson, CEO of the Peter G. Peterson Foundation.
The United States spent $631 billion on national defense during fiscal year (FY) 2018 according to the Office of Management and Budget, which amounts to 15 percent of the federal budget.
https://www.pgpf.org/budget-basics/budget-explainer-national-defense
Programs that millions of Americans depend on and care about may be feeling a squeeze from interest costs on our high and rising national debt.
Admiral Michael G. Mullen began by making a strong connection between our national security and fiscal health, saying that our debt is an issue that requires a “sense of urgency … and we really need fix it very, very quickly” as a fundamental part of ensuring our strength at home and abroad.
Our most popular charts from 2016 illustrate the nation's fiscal challenges in areas like defense spending, healthcare, and tax reform.
https://www.pgpf.org/blog/2016/12/top-7-fiscal-charts-from-2016
Former Secretary of State Madeleine Albright discusses the connection between fiscal policy and national security with CNN’s Chris Cuomo.
Framing the national debt as a national security imperative, the Coalition for Fiscal and National Security is led by a group of distinguished defense, economic, and foreign policy leaders calling for sound fiscal and defense policies to reflect the realities of the 21st century.
https://www.pgpf.org/pgpf-programs-and-projects/coalition-for-fiscal-and-national-security
The report finds that the President's proposal fully incorporates 12 of the DAC's 27 recommendations and partially incorporates another nine.
https://www.pgpf.org/blog/new-report-stimson-center-strategic-agility-assessment
Our fiscal goal must be to stabilize the debt as a share of the economy, and put it on a downward path for the longer term.
https://www.pgpf.org/analysis/addressing-our-debt-a-national-security-imperative
Press event announcing the Coalition for Fiscal and National Security, held Tuesday, December 4, 2012 at the Newseum in Washington DC.
https://www.pgpf.org/multimedia/coalition-for-fiscal-and-national-security-press-event