Analysis: CBO February 2014 Report
Though the economy continues its recovery and we have made some progress on deficits, our deficits will begin growing again soon, and major long-term fiscal challenges remain.
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Though the economy continues its recovery and we have made some progress on deficits, our deficits will begin growing again soon, and major long-term fiscal challenges remain.
Inflation and interest rates will have important impacts on the long-term federal budget outlook.
Many Americans, young and old, may be confused by the complex set of issues that comprise how the government raises revenues and allocates them.
https://www.pgpf.org/blog/2023/06/what-is-fiscal-policy-interactive-teaching-tools
The Peter G. Peterson Foundation releases a statement on President Obama's consideration of a Bipartisan Commission.
The Co-Chairs of the President’s National Commission on Fiscal Responsibility and Reform, Erskine Bowles and Alan Simpson, released a draft of their recommendations for deficit reduction and debt stabilization.
https://www.pgpf.org/press-release/national-commission-on-fiscal-responsibility-and-reform
"Our tax code is long past due for an overhaul, and there are many ways to improve it in a sustainable way," said Michael A. Peterson, President and CEO of the Peter G. Peterson Foundation.
In around six years, the national debt will likely exceed its all-time high of 106 percent of gross domestic product (GDP), which occurred in 1946.
Every month the U.S. Treasury releases data on the federal budget, including the current deficit. Here is the data for July 2024.
https://www.pgpf.org/the-current-federal-budget-deficit/budget-deficit-july-2024
Every month the U.S. Treasury releases data on the federal budget, including the current deficit. Here is the latest data for Fiscal Year 2024, charted out monthly and on a year-over-year basis.
The Peter G. Peterson Foundation leverages its unique role as an effective convener of individuals, organizations and ideas. In bringing together America's most respected voices from across the ideological spectrum, the Foundation demonstrates that good solutions not only exist, but they also can gain broad support.