The Financial Condition of the Social Security and Medicare Trust Funds
The reports provide both the short-and long-term financial outlooks for the trust funds.
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The reports provide both the short-and long-term financial outlooks for the trust funds.
“While these ideas represent a start, much more can be done to improve our budget process in order to help achieve more fiscally responsible policies," Michael A. Peterson, CEO of the Peter G. Peterson Foundation, said.
Making changes to defense, health care and Social Security will help us reduce our debt, and also leave money to fund other critical responsibilities and invest in our future.
https://www.pgpf.org/budget-basics/the-other-20-of-federal-spending
“As troubling as this year’s deficit is, it’s just the beginning of large and growing deficits as far as the eye can see," Michael A. Peterson, Chairman and CEO of the Peter G. Peterson Foundation, said.
A bipartisan group of highly distinguished and respected leaders in defense, economic and national security policy have united once again to emphasize the fundamental link between America’s long-term fiscal health and our national security.
https://www.pgpf.org/press-release/2016/05/cfns-press-release
Modeled after the Consumer Confidence Index, the Fiscal Confidence Index is a national survey that measures public opinion about the national debt.
https://www.pgpf.org/content/fiscal-confidence-index-august-2023-results
Increasing the debt ceiling allows the Treasury to borrow funds to pay for government obligations that have already been incurred as the result of laws and budgets approved by the President and Congress.
The report anticipates that in 2020 — for the first time since 1982 — the program’s total costs will exceed its total income.
The Social Security Trustees's 2011 financial report warns that Social Security is in a weakened financial position in the short run and in an unsustainable condition in the long run.
https://www.pgpf.org/analysis/financial-condition-of-social-security