Budget Basics: The Challenge
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.
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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 January 2013 fiscal cliff involves several components of tax cuts and spending provisions.
2012 Fiscal Summit Briefing Book: Fiscal Events, Facts, and Charts
https://www.pgpf.org/event/2012-fiscal-summit-briefing-book-fiscal-events-facts-and-charts
CBO was formally established as a nonpartisan agency, and that has been a critical and enduring part of the office's effectiveness.
Controlling our structural budget deficits will require major changes in budget policy.
https://www.pgpf.org/budget-basics/state-of-the-unions-finances/the-elements
During the final debates, it's up to us to pay attention to how our presidential candidates’ plans could impact America's future. While the budget and economy were already major topics, the upcoming debates will highlight national security and a range of other issues — both foreign and domestic — that also have implications for our long-term fiscal health.
https://www.pgpf.org/budget-basics/how-does-our-debt-affect-americas-foreign-policy
What does reinstating the debt ceiling mean for federal policymaking and the economy?
https://www.pgpf.org/analysis/2017/03/the-debt-ceiling-reinstated
Americans draw clear connections between our nation’s fiscal health and economic strength.
https://www.pgpf.org/infographic/infographic-fiscal-health-leads-to-economic-strength
The nation's long-term fiscal outlook is unsustainable. Publicly held debt currently equals 70 percent of gross domestic product, the most common measure of an economy's size.
https://www.pgpf.org/budget-basics/state-of-the-unions-finances/introduction