Analysis: The President’s FY 2019 Budget Fails to Put Us on Responsible Fiscal Path
The President’s budget reflects a dramatically worse fiscal outlook than last year’s version released just nine months ago.
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The President’s budget reflects a dramatically worse fiscal outlook than last year’s version released just nine months ago.
As another fiscal year of budget uncertainty and rising deficits comes to an end , the vast majority of Americans want the president and Congress to address the national debt.
https://www.pgpf.org/press-release/2019/09/fci-press-release
Every month the U.S. Treasury releases data on the federal budget, including the current deficit. Here is the data for September 2023.
https://www.pgpf.org/the-current-federal-budget-deficit/budget-deficit-september-2023
The Peter G. Peterson Foundation hosts the first-ever “2010 Fiscal Summit: America’s Crisis and A Way Forward” to launch a national bipartisan dialogue on America’s fiscal challenges.
Social Security, America’s essential public retirement program, is on a path to depletion in less than 10 years.
CBO prepares what is known as an alternative fiscal scenario, which can be helpful in understanding a range of potential outcomes.
https://www.pgpf.org/blog/2019/09/what-is-an-alternative-fiscal-scenario
As part of the second year of the Up to Us initiative, student teams from 24 colleges and universities are launching innovative, creative and thought-provoking campus campaigns focused on fiscal issues.
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.
Lower levels of debt allow governments to respond more effectively to a recession or financial crisis.
"The deficit has essentially doubled in just one year. That’s very alarming, but the fact that the deficit grew so much during a time of economic growth is an even more serious warning sign for our nation’s future."
https://www.pgpf.org/press-release/2023/10/peterson-foundation-statement-as-deficit-soars