2012 Fiscal Summit Briefing Book
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
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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
The latest budget outlook released by CBO is the first to fully capture the budgetary impact of the pandemic.
“No review of the state of our union is complete without acknowledging our nation’s high and rising debt," Michael A. Peterson, CEO of the Peter G. Peterson Foundation, said.
Relative to the GAO’s last update of their long-term simulation, the nation’s fiscal condition has deteriorated.
The latest report from the nonpartisan Congressional Budget Office (CBO) reiterates that the federal budget is on an unsustainable trajectory.
Putting our economy on a path to recovery continue to be the most pressing priorities for our nation. At the same time, our fiscal outlook has worsened considerably.
The Congressional Budget Office released its 2015 Long-Term Fiscal Outlook, which projects that by 2040, federal debt will climb to over 100 percent of GDP under current law and could reach 175 percent of GDP under less optimistic assumptions.
CBO projects that federal debt will remain at historically high levels over the next decade under current laws and warns that such high levels of debt could harm the economy.
https://www.pgpf.org/analysis/cbo-warns-fiscal-path-is-unsustainable-and-threatens-economic-growth
The nonpartisan Congressional Budget Office projects that the federal debt could reach 175% of GDP by 2040.
https://www.pgpf.org/analysis/congressional-budget-offices-2015-long-term-budget-outlook
The Congressional Budget Office’s new long-term projections show that the federal budget is on an unsustainable path.
https://www.pgpf.org/analysis/cbo-2013-long-term-budget-outlook-analysis