Panetta: U.S. Headed for a “Death Spiral” of Deficits and Debt Unless Lawmakers Act
Unless addressed soon, the growing national debt will "seriously jeopardize and undermine the American economy," said former Secretary of Defense Leon Panetta.
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Unless addressed soon, the growing national debt will "seriously jeopardize and undermine the American economy," said former Secretary of Defense Leon Panetta.
"Smart tax reform will promote economic growth, increase fairness and simplicity, and improve the nation’s fiscal outlook. From both a fiscal and economic standpoint, tax reform is essential," said Michael A. Peterson, President and CEO of the Peter G. Peterson Foundation.
https://www.pgpf.org/press-release/2017/08/peterson-foundation-statement-on-tax-reform
“CBO’s report is filled with sobering projections that should be an urgent wakeup call for the Administration and Congress," said Michael A. Peterson, President and CEO of the Peter G. Peterson Foundation.
What will America look like at mid-century? US 2050 will examine and analyze the multiple demographic, socioeconomic, and fiscal trends that will shape the nation in the decades ahead.
Every month the U.S. Treasury releases data on the federal budget, including the current deficit. Here is the data for April 2022.
https://www.pgpf.org/the-current-federal-budget-deficit/budget-deficit-april-2022
Every month the U.S. Treasury releases data on the federal budget, including the current deficit. Here is the data for January 2021.
https://www.pgpf.org/the-current-federal-budget-deficit/budget-deficit-january-2021
Every month the U.S. Treasury releases data on the federal budget, including the current deficit. Here is the data for February 2021.
https://www.pgpf.org/the-current-federal-budget-deficit/budget-deficit-february-2021
"Surpassing $20 trillion in debt is the latest indicator of our nation's dire fiscal condition," said Michael A. Peterson, President and CEO of the Peter G. Peterson Foundation.
This project assesses how the number of children a person has affects eventual demand for formal caregiving facilities. It suggests that the lower fertility of the Baby Boom generations is likely to lead to greater demand for formal caregiving in coming decades.
Michael A. Peterson releases a statement on this week's releases of House and Senate budget proposals.