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I.O.U.S.A. is a 2008 documentary about the America's looming fiscal crisis. The film opened in over 300 theaters, followed by private showings on college campuses, in corporate media rooms and at community clubs.
InDebtEd (short for "in-debt education") is a joint campaign by PGPF and MTV's campus network, mtvU, to alert college students to the personal and governmental dangers of financial irresponsibility. The program encourages students to take action to secure their futures. The campaign's aim is to empower young people to protect themselves financially and to work together to advocate government fiscal responsibility in order to change the course of the nation's future.
Highest ranking economic officials from both parties foresee another U.S. economic crisis within 10 years unless the country takes immediate action on structural deficit.
Learn about steps you can take to help cure our fiscal ills.
https://www.pgpf.org/budget-basics/download-the-citizen%E2%80%99s-guide
Once we have a plan in place that reduces spending and increases revenues, a strong annual budget process for the government would help us stay on track.
https://www.pgpf.org/budget-basics/fixing-the-budget-process
The Peter G. Peterson Foundation presents a primer on the federal budget.
https://www.pgpf.org/budget-basics/the-federal-budget-primer
The U.S. spent $187 billion on interest payments alone in 2009.
In order to balance our budget and reduce the amount of debt the government takes on each year, we must match the level of government revenues with the level of spending.
https://www.pgpf.org/budget-basics/where-the-money-comes-from-revenues-taxes
America faces a growing crisis. Our federal government has accumulated a $13.6 trillion debt over the last few decades, and this debt is expected to grow significantly in coming years.
Making changes to defense, health care and Social Security will help us reduce our debt, and also leave money to fund other critical responsibilities and invest in our future.
https://www.pgpf.org/budget-basics/the-other-20-of-federal-spending