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“There’s nothing that matters more right now to our physical, fiscal and economic health than defeating this virus,” said Michael A. Peterson, CEO of the Peter G. Peterson Foundation.
https://www.pgpf.org/press-release/2020/07/peterson-foundation-statement-on-the-trust-act
The nation’s schools teachers feel ill-prepared to teach basic federal budget terms and engage students in public policy questions to promote active citizenship.
America faces a growing crisis. Our federal government has accumulated a $13.6 trillion debt over the last few decades, and this debt is expected to grow significantly in coming years.
The United States, by far, spends the greatest amount on military (in nominal terms) than any other country.
https://www.pgpf.org/analysis/why-defense-matters-for-deficit-reduction
Michael Peterson releases a statement following a speech by Gov. Chris Christie in New Hampshire.
The paper puts real numbers behind different scenarios for a structure for tax reform: eliminating income tax expenditures to enable lower tax rates.
For the third successive year, student teams have joined Up to Us, a unique nationwide campus competition that gives young leaders a voice on fiscal issues.
https://www.pgpf.org/blog/3rd-annual-up-to-us-campus-competition-doubles-in-size
Every month the U.S. Treasury releases data on the federal budget, including the current deficit. Here is the data for November 2018, which was the first month of fiscal year 2019.
https://www.pgpf.org/the-current-federal-budget-deficit/budget-deficit-november-2018
What will America look like at mid-century? US 2050 will examine and analyze the multiple demographic, socioeconomic, and fiscal trends that will shape the nation in the decades ahead.
By 2050, the US will be very different than it is today. Adults aged 65 and over will outnumber children under the age of 18, and our population will be much more racially and ethnically diverse, the young much more so than the old. With those changing demographics as a backdrop, the US 2050 project examines the socioeconomic developments and fiscal choices we make today that will determine standards of living decades from now.