
The Fiscal & Economic Challenge
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.
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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.
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.
Policymakers use the federal budget process to establish spending priorities and identify revenue to pay for those activities.
https://www.pgpf.org/finding-solutions/understanding-the-budget
Many factors contribute to the long-term outlook for the U.S. economy and budget, but there are two major drivers of spending: demographics and rising healthcare costs.
https://www.pgpf.org/the-fiscal-and-economic-challenge/drivers
A strong and stable economy with sustained job creation and broadly-shared growth ultimately requires a foundation of fiscal responsibility.
https://www.pgpf.org/pgpf-programs-and-projects/fiscal-balancing-act
Five think tanks propose specific measures for resolving the fiscal cliff impasse and putting America on a sustainable long-term fiscal path.
https://www.pgpf.org/pgpf-programs-and-projects/solutions-initiative-ii
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
How does a solid fiscal foundation help support a growing, thriving economy?
https://www.pgpf.org/multimedia/a-strong-fiscal-foundation-for-economic-growth
A new campaign from the Peter G. Peterson Foundation, highlighting the key opportunity lawmakers have to address our nation’s unsustainable long-term debt in order to help ensure more economic growth, now and in the future.
https://www.pgpf.org/multimedia/peterson-foundation-national-ad-campaign-more
The current budget process is ill-suited for managing the nation’s long-term fiscal affairs. Learn about possible reforms to reimagine the budget process.
https://www.pgpf.org/finding-solutions/budget-process-reforms