Fiscal Blog

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Infographic: fiscal health builds economic strength

Check out the latest PGPF infographic, based on the Foundation's recent survey about the economic impact of the national debt. An overwhelming majority of voters (91%) feel that a stable fiscal foundation will lead to growth; 8 in 10 say addressing the long-term debt will improve economic mobility and opportunity for all Americans.

See the full Fiscal Health infographic, and find the complete library of PGPF's infographics here.

 
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PGPF analysis: Welcome Back, Congress

Welcome back, Congress! As lawmakers return to the Capitol following August recess, they face a range of fiscal and economic issues in the near- and medium-term, including appropriations for fiscal year 2015, expired and expiring tax provisions, the Medicare "Doc Fix" and the Debt Ceiling coming back in play in early 2015. PGPF takes a look at Congress’ to-do list — against that backdrop of CBO’s latest look at our fiscal condition — in a new analysis.

 

 

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PGPF Budget Explainer: Highway Trust Fund

A new budget explainer from the Peterson Foundation looks at the federal Highway Trust Fund (HTF). Established in 1956, the HTF faces recurring funding shortfalls due to the imbalance between the Fund’s revenues and spending. The lack of agreement on a structural fix for financing highways and mass transit creates periodic funding crises for the program, which puts the entire U.S. infrastructure system at risk.

What are the options for creating long-term stability for the HTF and the transportation projects it supports? Click here to learn more.

 

 

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Fiscal Videos: voices from around the web

PGPF encourages vibrant discussion about America’s fiscal challenges. Click here for a curated collection of fiscally-themed videos from around the web, representing a range of humorous, creative, and insightful voices seeking to add to the conversation about our national debt and fiscal policy.

The videos reflect a variety of political views and ideology, and are meant to foster thought-provoking discussion. Disclaimer: the content in these videos does not necessarily represent the views of the Peter G. Peterson Foundation.

 

 

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Fiscal Confidence Index: August 2014 results

PGPF today released the latest Fiscal Confidence Index survey results for August 2014. June's FCI Value is 43, a sign that voters remain deeply concerned about America's fiscal future.

PGPF President & COO Michael A. Peterson commented on the new FCI results:

"As Washington prepares to get back to work this fall, voters are calling for increased focus on the nation's long-term fiscal challenges. Regardless of political party, Americans understand we need to address our long-term fiscal challenges to support a growing, thriving economy."

See the full results for August, and read this month's press release which includes the survey questions and polling response breakdowns.

 

 

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August 2014 PGPF Chart Pack

PGPF has released its new Chart Pack update for August, Selected Charts on the Long-Term Fiscal Challenges of the United States. Download the Pack in PDF format and visit the PGPF Charts Archive to browse all of the Foundation's originally-researched charts, graphs, and tables. (Feel free to use/reproduce, with attribution to "Peter G. Peterson Foundation" along with the pgpf.org hyperlink.)

The PGPF Chart Pack illustrates that budget-making involves many competing priorities, limited resources, and complex issues. In this set of 22 charts, the Foundation frames the financial condition and fiscal outlook of the U.S. government within a broad economic, political, and demographic context.

 
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2014 Fiscal Summit Summary Book

Dive deeper into the 2014 Fiscal Summit with the Summary and Highlights book, which features detailed recaps and photos from each panel and interview. This year's Summit participants included President Bill Clinton, New Jersey Governor Chris Christie, House Democratic Leader Nancy Pelosi, and Senator Rob Portman.

Click here to view and download the complete Summary Book, and learn more about the Summit, including highlight videos, here.

 

 

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2014 Social Security & Medicare Trustees Reports: chart analysis

This week the Board of Trustees for Social Security and Medicare released their annual reports on the current and future state of those programs. The Peterson Foundation has prepared analyses based on those report, illustrating the key data points with pertinent chart information. Click here for more information, including a budget explainer on federal trust funds and a statement from PGPF President Michael Peterson on the Trustee reports.

 

 

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Fiscal Confidence Index: July 2014 results

PGPF this week released the new Fiscal Confidence Index survey results for July 2014. July's FCI Value is 41, suggesting that Americans continue to see the national debt as a top priority.

PGPF President & COO Michael A. Peterson commented on the new FCI results:

"In the heat of election season, voters are calling on their leaders to address our nation’s long-term fiscal and economic future. Americans recognize the need to put our country on a stable fiscal path, which ensures a vibrant growing economy, today and in the future."

See the full results for July, and read this month's press release which includes the survey questions and polling response breakdowns.

 

 

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PGPF analysis: CBO 2014 Long-Term Budget Outlook

Yesterday the Congressional Budget Office released the 2014 Long-Term Budget Outlook, its annual report on the federal government's fiscal condition over the next 25 years. CBO projects that, under current policies and law, the federal debt will reach 183% of GDP by 2039.

The Peterson Foundation has prepared a new analysis, with charts breaking down CBO's findings. In addition, PGPF identifies the drivers of the growing national debt, and the economic/societal impact of not addressing the issue. Click here to read the analysis.

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