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The United States spent $686 billion on national defense during fiscal year (FY) 2019 according to the Office of Management and Budget, which amounts to 15 percent of the federal budget.
https://www.pgpf.org/budget-basics/budget-explainer-national-defense
These infographics portray headline results from each national survey that can help inform policymakers during and after this crisis.
https://www.pgpf.org/2020-polls-reveal-voter-sentiment-on-economic-and-fiscal-policy-options
The latest budget outlook released by the Congressional Budget Office (CBO) is the first to fully capture the budgetary impact of the coronavirus (COVID-19) pandemic and the federal legislation enacted in response to it.
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.
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
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.
Under current law, federal debt is now projected to reach 150 percent of GDP within 30 years — by far an all-time high.
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.
Tax reform done right will promote economic growth, increase fairness and simplicity, and improve the nation’s fiscal outlook.