David Walker on News Reports Stating White House and Congress Reach Deal on Fiscal Commission
David Walker on News Reports Stating White House and Congress Reach Deal on Fiscal Commission
“The announcement of an agreement to create a presidentially-appointed fiscal commission that will report to the Congress and be assured a vote on its recommendations is a major step toward putting our nation’s financial house in order while protecting our social safety net programs.”
About PGPF
PGPF is dedicated to increasing public awareness of the nature and urgency of key economic challenges threatening America’s future and to accelerating action on them. To address these challenges successfully, we work to bring Americans together to find sensible, long-term solutions that transcend age, party lines and ideological divides in order to achieve real results. For more information, see www.PGPF.org.
Further Reading
New CBO Projections Show Lower Short-Term Rates than Previously Expected – but Longer-Term Rates Will Rise
Understanding interest rate trends is critical to the nation’s fiscal outlook because they are a significant factor for interest costs within the budget.
How Much Can DOGE Really Save by Cutting Down on Improper Payments?
The Government Accountability Office (GAO) has tried to quantify the extent of improper payments and estimates that they totaled $236 billion in 2023.
Continuing Resolutions Are Stopgap Measures — But Now We Average Five a Year
While continuing resolutions can help avoid government shutdowns, they should be rarely used. However, CRs have become the norm.