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Michael A. Peterson on budget results for FY2014

Michael A. Peterson, President and COO of the Peter G. Peterson Foundation, commented today following the release of budget results for fiscal year 2014 by Treasury Secretary Jacob Lew and Office of Management and Budget Director Shaun Donovan:

"Today’s report confirming that current deficits have improved is good news, and presents an opportunity for policymakers to address our still dangerous long-term fiscal outlook. As the country thankfully moves beyond the Great Recession and a damaging series of self-inflicted fiscal crises, it is time for lawmakers to work together on a comprehensive plan to stabilize the debt over the long term, which will boost economic confidence and help continue the recovery."

Click here for the full statement. For more of PGPF's statements and press releases, click here.

 
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October 2014 PGPF Chart Pack

PGPF has released its new Chart Pack update for October, 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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Fiscal Confidence Index: September 2014 results

PGPF today released the latest Fiscal Confidence Index survey results for September 2014. September's FCI Value is 41, a sign that Americans want to see more action from their leaders in Washington ahead of November's mid-term elections.

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

"Voters understand that putting our fiscal house in order is vital to securing economic prosperity and growth, and are calling for our leaders to address the nation’s long-term fiscal challenges. As they head to the polls, voters are sending a strong message to their elected leaders about the critical importance of securing our fiscal and economic future."

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

 

 

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Infographic: fiscal health leads to 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 Confidence Index: August 2014 results

PGPF today released the latest Fiscal Confidence Index survey results for August 2014. August'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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