Explainers
Nov 9, 2010
Budget Basics: National Defense
The defense share of the federal budget has averaged 21 percent over the past two decades.
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Explainers
Oct 15, 2012
Budget Basics: How Does Our Debt Affect America's Foreign Policy?
During the final debates, it's up to us to pay attention to how our presidential candidates’ plans could impact America's future. While the budget and economy were already major topics, the upcoming debates will highlight national security and a range of other issues — both foreign and domestic — that also have implications for our long-term fiscal health.
https://www.pgpf.org/budget-basics/how-does-our-debt-affect-americas-foreign-policy
Explainers
Oct 23, 2012
Defense Cuts and Deficit Reduction | Issues in Brief
As policymakers consider how best to address our looming fiscal challenges, there is a growing debate about whether the U.S. can reduce defense spending without jeopardizing its national security.
Explainers
Nov 20, 2013
Budget Basics: Budget Conference Committee
A large, comprehensive plan that addresses our long-term structural deficits is clearly the best way forward for America’s future economy. However, more modest proposals, which would begin to take meaningful steps towards putting our debt on a sustainable path, would also be worthwhile.
https://www.pgpf.org/budget-basics/budget-conference-committee-fiscal-options-are-available
Press Releases & Statements
Jul 12, 2016
Statement on CBO’s 2016 Long-Term Budget Outlook
CBO projects that federal debt will climb to 141 percent of GDP within 30 years — exceeding the highest level of debt ever recorded at the end of World War II by a large margin.
Press Releases & Statements
Aug 23, 2016
Statement on CBO’s Updated Budget and Economic Outlook
"Today’s CBO report confirms that the era of declining deficits is over," according to Michael A. Peterson, President and CEO of the Peter G. Peterson Foundation.
Events
Sep 26, 2016
Madeleine Albright on Fiscal Policy and National Security
Former Secretary of State Madeleine Albright discusses the connection between fiscal policy and national security with CNN’s Chris Cuomo.
Events
Oct 26, 2017
Sustaining American Leadership in an Uncertain World
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.
Press Releases & Statements
Apr 9, 2018
CBO 10-year Outlook: Report Shows Real Damage Done to Fiscal Outlook
“Today’s CBO report confirms that major damage was done to our fiscal outlook in just the past few months," said Michael A. Peterson, President and CEO of the Peter G. Peterson Foundation.
Press Releases & Statements
Apr 17, 2018
Statement on Budget Process Reform Principles as Joint Select Committee Holds First Hearing
“Our country is on an unsustainable fiscal path, and reforming our broken budget process can be an important part of improving our fiscal future," said Michael A. Peterson, President and CEO of the Peter G. Peterson Foundation.