Budget Basics: 2013 Fall Fiscal Agenda
2013 Fall Fiscal Agenda: A Critical Time for Action; 4 upcoming milestones
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2013 Fall Fiscal Agenda: A Critical Time for Action; 4 upcoming milestones
A study commissioned by the Peter G. Peterson Foundation on S. 1796, America's Healthy Future Act of 2009 confirms the Congressional Budget Office analysis that the bill, as passed by the Senate Finance Committee, could result in slightly lower deficits if it is implemented as intended and remains unchanged.
https://www.pgpf.org/press-release/peter-g-peterson-foundation-releases-new-health-care-reform-study
National debt could climb from 74% of GDP in 2014 to 166% of GDP in 2039.
https://www.pgpf.org/analysis/gao-sends-clear-warning-long-term-debt-is-on-an-unsustainable-path
The results of the Peterson Foundation’s Solutions Initiative III are in: researchers from five leading think tanks agree that there are many ways to stabilize the nation’s long-term debt.
“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.
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.
This outlook is particularly worrisome because the baby boom generation is beginning to retire and will place growing demands on Social Security, Medicare, and Medicaid in the 2020s.
The 2015 Fiscal Summit to convene lawmakers and leading experts to explore economic and fiscal opportunity in America as the recovery gains strength and the 2016 election begins to take shape.
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
CBO projects that, on our current path, the deficit will reach nearly $1 trillion next year and will total $12.4 trillion over the ten-year period from 2019.
https://www.pgpf.org/analysis/2018/04/cbo-report-outlines-dramatically-worse-fiscal-outlook