CBO: President’s Budget Fails to Put Nation on Fiscally Sustainable Path
CBO’s estimate of the cumulative deficit over the next 10 years totals $2.3 trillion more than the Administration had estimated.
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CBO’s estimate of the cumulative deficit over the next 10 years totals $2.3 trillion more than the Administration had estimated.
Budget battles policymakers have engaged in have failed to produce reforms to address the true drivers of long-term national debt.
https://www.pgpf.org/analysis/averting-a-shutdown-the-numbers-behind-the-last-minute-budget-bill
The 114th Congress has a new opportunity to address our debt and long-term fiscal challenges, strengthen our economy, and put our nation's fiscal future on a sustainable path.
The nonpartisan Congressional Budget Office has released a mid-year update to its projections of the nation’s federal finances and economic health.
Social Security’s finances are facing growing pressure due to the aging of the population.
https://www.pgpf.org/analysis/2017/07/trustees-warn-social-security-in-financial-trouble
Summary and highlights from the 2017 Fiscal Summit, which was held on May 23, 2017 in Washington, DC.
https://www.pgpf.org/what-we-are-doing/fiscal-summit/2017-fiscal-summit/summary-and-highlights
The Trustees warn that Congress and the Administration should work "with a sense of urgency" to put the program on a sustainable path.
https://www.pgpf.org/analysis/the-medicare-trustees-report-in-charts
An aging population and rising healthcare costs will drive sharp increases in Medicare spending, which will not keep pace with the program's funding sources.
https://www.pgpf.org/analysis/2017/07/medicare-trustees-warn-of-serious-financial-shortfalls
The Peter G. Peterson releases a new analysis and infographic to help illustrate and define the nation's ongoing long-term fiscal challenges.