Infographic: What Is the Debt Ceiling?
Increasing the debt ceiling allows the Treasury to borrow funds to pay for government obligations that have already been incurred as the result of laws and budgets approved by the President and Congress.
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Increasing the debt ceiling allows the Treasury to borrow funds to pay for government obligations that have already been incurred as the result of laws and budgets approved by the President and Congress.
A new report sheds light on budgets at the state level, grading performance and identifying best practices for improvement.
https://www.pgpf.org/blog/2019/02/state-budgets-also-face-tough-fiscal-challenges
While this budget would be a step in the right direction, it does not adequately address the underlying structural imbalance that defines our fiscal outlook.
At $35 trillion and rising, the national debt threatens America’s economic future. Here are the top ten reasons why the national debt matters.
https://www.pgpf.org/top-10-reasons-why-the-national-debt-matters
“Americans’ confidence in our fiscal outlook is weighed down by deep concerns about the national debt, an uncertain economic outlook and a lack of fiscal leadership,” said Michael A. Peterson, CEO of the Peterson Foundation.
https://www.pgpf.org/press-release/2022/07/fci-press-release
The Peter G. Peterson Foundation today released the first edition of the Fiscal Confidence Index, a new, monthly measure of public attitudes about the nation’s long-term debt and the efforts elected leaders are making to address the debt.
https://www.pgpf.org/press-release/2012/12/fci-press-release
National security is both a vital priority and a significant part of the federal budget.
https://www.pgpf.org/infographic/infographic-the-facts-about-us-defense-spending
“By any measure, the state of the Union’s fiscal outlook is unsustainable, and getting worse,” said Michael A. Peterson, CEO of the Peter G. Peterson Foundation.
Voters are deeply concerned about interest costs eating up more and more of the federal budget.
“Across party lines, overwhelming majorities of voters are deeply concerned about the $33 trillion and growing national debt, and they want their leaders to take action,” said Michael A. Peterson.
https://www.pgpf.org/press-release/2023/10/fci-press-release