New report: Truth and Integrity in State Budgeting
A new report from The Volcker Alliance looks at fiscal practices at the state-government level.
https://www.pgpf.org/blog/new-report-truth-and-integrity-in-state-budgeting
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A new report from The Volcker Alliance looks at fiscal practices at the state-government level.
https://www.pgpf.org/blog/new-report-truth-and-integrity-in-state-budgeting
Between 2006 and 2051, spending on federal health programs is projected to more than double.
https://www.pgpf.org/chart-archive/0114_federal_health_spending
On average, Social Security benefits exceed Social Security taxes over an individual’s lifetime.
https://www.pgpf.org/Chart-Archive/0198_social_security_lifetime_benefits
Social Security provides social insurance by redistributing income from high earners to low earners.
https://www.pgpf.org/chart-archive/0244_social-security-income-redistribution
The United States was in a more precarious fiscal position in 2020 than it was at the onset of the last six recessions.
https://www.pgpf.org/chart-archive/0309_precarious_fiscal_position
"With high inflation, economic uncertainty and the national debt surpassing $31 trillion, voters are rightly concerned about our nation’s fiscal and economic outlook in this year’s pivotal election,” said Michael A. Peterson, CEO of the Peterson Foundation.
https://www.pgpf.org/press-release/2022/10/fci-press-release
Unlike the federal government, which currently records $30 trillion in debt, most state governments have balanced budget requirements (BBRs) for their operating budgets which only permit borrowing for certain capital projects.
Eleven new essays provide insights and solutions for overcoming today’s economic challenges, creating a sustainable budget and stronger future.