Projects: Fiscal Ship
The Fiscal Ship challenges you to put the federal budget on a sustainable course.
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The Fiscal Ship challenges you to put the federal budget on a sustainable course.
“Another $400 billion in debt is the worst possible holiday gift for our children,” said Michael A. Peterson, CEO of the Peter G. Peterson Foundation.
https://www.pgpf.org/press-release/2019/12/peterson-foundation-statement-on-budget-deal
“Voters have made it overwhelmingly clear that they want their leaders to pay for all new spending with credible offsets, and they strongly support many proposed options to fully fund the package,” said Michael A. Peterson, CEO of the Peterson Foundation.
https://www.pgpf.org/press-release/2021/09/fci-press-release
With our economy in recovery, our debt rising unsustainably, and our nation still grappling with a devastating pandemic, America faces many critical questions for its future. Where do we go from here?
CBO warns “high and rising debt would have serious negative consequences for the budget and the nation” in its new report.
https://www.pgpf.org/blog/2017/06/five-key-takeaways-from-the-cbo-budget-and-economic-outlook
How do the House Budget and the President’s Budget differ?
The bill as written would move up the date we return to trillion dollar deficits by two years, to 2020.
The total cost of the Tax Cuts and Job Act is estimated to be $1.7 trillion between 2018 and 2027.
https://www.pgpf.org/blog/2017/11/what-the-interest-on-deficit-funded-tax-legislation-would-cost
Michael Peterson released a statement today on the CBO's updated budget projections.
“This new CBO report shows that our national debt will reach a record level over the next decade," said Michael A. Peterson, CEO of the Peter G. Peterson Foundation.