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Our fiscal imbalance crowds out priorities, threatens our economic health, increases the likelihood of a fiscal crisis in the future, and will inhibit our ability to deal with such a crisis if it comes.
Foundation Chairman and CEO Michael Peterson opened the Summit by reflecting on the passing of his father, who established the Foundation in 2008 to help build a sustainable fiscal foundation for the nation to support economic growth and widely shared opportunity.
https://www.pgpf.org/what-we-are-doing/fiscal-summit/2018-fiscal-summit/remembering-pete-peterson
Solutions to the fiscal challenge must be long-term, bipartisan budget solutions that can be implemented gradually. Discover some of the comprehensive plans proposed, as well as policy options for individual parts of the budget that merit consideration.
The federal government finances its operations with taxes, fees, and other receipts collected from many different sectors of the economy.
https://www.pgpf.org/finding-solutions/understanding-the-budget/revenue
Policymakers use the federal budget process to establish spending priorities and to determine who will pay for those activities.
https://www.pgpf.org/finding-solutions/understanding-the-budget/budget-process
Discover why our fiscal health and economic strength are so closely tied, and why it is important to get the deficit under control and work toward a balanced budget.
A Congressional Budget Resolution is a “blueprint” that guides fiscal decision-making in the Congress.
The Byrd Rule restricts what can be included in reconciliation legislation in the Senate.
Federal spending is divided into two large categories — mandatory spending and discretionary spending. Learn how these categories have changed over time.
https://www.pgpf.org/finding-solutions/understanding-the-budget/spending
What is a balanced budget amendment to the Constitution, and how would it work in practice?
https://www.pgpf.org/budget-basics/balanced-budget-amendment-pros-and-cons
