10 Charts that Show How the United States Failed to Improve Its Fiscal Outlook in 2023
The end of 2023 marks another year that the country has failed to improve its daunting fiscal outlook.
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The end of 2023 marks another year that the country has failed to improve its daunting fiscal outlook.
"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.
President Trump released his fourth budget, which outlines the administration's policy proposals, budget projections, and economic forecast for the next decade.
"Committee passage of the Fiscal Commission Act is an important step toward a comprehensive approach to stabilizing our rapidly growing national debt," said Michael A. Peterson, CEO of the Peter G. Peterson Foundation.
As we enter a new year, the Peter G. Peterson Foundation’s January Fiscal Confidence Index is 52 (100 is neutral), indicating voters’ ongoing concern about America's fiscal future.
https://www.pgpf.org/press-release/2015/01/fci-press-release
Voters are calling on their leaders to take concrete actions to put us on a better fiscal path.
“We all know we are already on a troubling fiscal path, but today’s CBO report shows us that our leaders are making things considerably worse," said Michael A. Peterson, CEO of the Peter G. Peterson Foundation.
These charts tell the fiscal story of 2022 — looking back at how our fiscal situation deteriorated over the past year and what challenges lie ahead.
In 2008, the Peter G. Peterson Foundation was established with the goal of preserving the American Dream for the next generation. My father saw our high and rising debt as a transcendent threat to our future economy – posing a risk to every American, and our leadership role in the world.
A look at the Congressional Budget and Impoundment Control Act of 1974, on the 40th anniversary of its passage.
https://www.pgpf.org/analysis/q-and-a-congressional-budget-and-impoundment-control-act-of-1974