Expert Views: Fiscal Commission
We asked respected policy experts from across the ideological spectrum to share their views on why a commission is needed, how it should be structured, and which policies could help stabilize the debt.
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We asked respected policy experts from across the ideological spectrum to share their views on why a commission is needed, how it should be structured, and which policies could help stabilize the debt.
Peter G. Peterson Foundation Launches New "Fiscal Confidence Index" To Measure Public Opinion About America's National Debt
America faces many critical questions about its future. As we continue to confront a global pandemic with devastating impacts on our health, economy and society, an effective federal response is necessary to help address critical needs and get our economy back on track.
https://www.pgpf.org/what-does-the-national-debt-mean-for-americas-future
“Today’s budget proposal relies on optimistic projections for economic growth and unlikely budget cuts to illustrate deficit reduction,” said Michael A. Peterson, CEO of the Peter G. Peterson Foundation.
Michael A. Peterson releases a statement on President Barack Obama's budget.
“As we approach the final months of the election campaign, voters want to hear more from their candidates about solutions for the $35 trillion and growing national debt.” said Michael A. Peterson.
https://www.pgpf.org/press-release/2024/07/fci-press-release
Although the debt affects each of us, it may be difficult to put such a large number into perspective and fully understand its implications.
https://www.pgpf.org/infographic/the-national-debt-is-now-more-than-35-trillion-what-does-that-mean
The U.S. spent $820 billion on national defense during fiscal year (FY) 2023 according to the Office of Management and Budget, which amounted to 13 percent of federal spending.
https://www.pgpf.org/budget-basics/budget-explainer-national-defense
Many factors contribute to the long-term outlook for the U.S. economy and budget, but there are two major drivers of spending: demographics and rising healthcare costs.
https://www.pgpf.org/the-fiscal-and-economic-challenge/drivers
A group of respected policy experts share their views on how a bipartisan fiscal commission could help break the cycle of governing by crisis.