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The largest emergency response bill in history, the CARES Act allocates $2 trillion in emergency funding to provide relief to households, small and large businesses, states and municipalities, and healthcare providers, among others.
https://www.pgpf.org/infographic/whats-in-the-cares-act-heres-a-summary
PAYGO is a budget enforcement mechanism intended to prevent passage of legislation that increases deficits.
A broad, bipartisan majority of voters agree that the national debt is a key issue for the 2020 campaign.
https://www.pgpf.org/infographic/voters-agree-the-national-debt-is-a-bipartisan-priority
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.
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
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
By focusing fiscal policymaking more squarely on the long term and providing better tools to help enforce budget agreements over time, budget process reform could encourage long-term fiscal sustainability.
https://www.pgpf.org/finding-solutions/budget-process-reforms
By making smart, strategic decisions about future national security requirements policymakers can ensure that our military is strong and that we are prepared to defend our nation from threats while also avoiding potential waste of precious national resources
Policy leaders and experts across the political spectrum have put forward a number of comprehensive plans to reduce America’s long-term debt and lay a strong foundation for future economic growth.
