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The outlook for the federal budget has worsened considerably since last year.
https://www.pgpf.org/blog/2016/01/three-takeaways-from-cbos-budget-and-economic-outlook
The rising cost of drugs has significant implications not only for Americans who rely on medications, but also for our nation's budget and fiscal outlook.
The nonpartisan CBO projects that the federal debt would reach 183% of GDP within 25 years.
https://www.pgpf.org/analysis/congressional-budget-offices-2014-long-term-budget-outlook
CBO projects that federal debt will remain at historically high levels over the next decade under current laws and warns that such high levels of debt could harm the economy.
https://www.pgpf.org/analysis/cbo-warns-fiscal-path-is-unsustainable-and-threatens-economic-growth
The nonpartisan Congressional Budget Office projects that the federal debt could reach 175% of GDP by 2040.
https://www.pgpf.org/analysis/congressional-budget-offices-2015-long-term-budget-outlook
“The most important takeaway from today’s CBO report is that interest costs are higher, adding to an already unsustainable fiscal outlook," said Michael A. Peterson, CEO of the Peter G. Peterson Foundation.
The Peter G. Peterson Foundation’s 2012 Fiscal Summit brought together leaders from government, policy, academia, and the media to address our long-term fiscal challenges, explore the potential for progress and reinforce the importance of building bipartisan consensus on solutions.
https://www.pgpf.org/what-we-are-doing/fiscal-summit/2012-fiscal-summit-americas-case-for-action
The Peter G. Peterson Foundation’s fifth annual Fiscal Summit convened thought leaders and policymakers to explore the connection between fiscal health and economic strength and what we can to to promote both.
https://www.pgpf.org/what-we-are-doing/fiscal-summit/2014-fiscal-summit-our-economic-future
The seventh annual Fiscal Summit was held on May 11, 2016 in Washington DC, convening leading experts and policymakers to examine the state of economic opportunity in America today.
https://www.pgpf.org/what-we-are-doing/fiscal-summit/2016-fiscal-summit