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CBO’s New Report Shows Worsening Fiscal Outlook
The national debt is expected to exceed its record high in just 3 years.
https://www.pgpf.org/blog/2024/06/cbo-new-report-shows-worsening-fiscal-outlook
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The national debt is expected to exceed its record high in just 3 years.
https://www.pgpf.org/blog/2024/06/cbo-new-report-shows-worsening-fiscal-outlook
According to CBO, the fiscal condition of the United States has deteriorated since its last report issued in August.
https://www.pgpf.org/analysis/cbo%E2%80%99s-latest-budget-projections-a-deteriorating-fiscal-outlook
The Foundation provides a wide range of analysis, reports, and charts on fiscal and economic trends to help policymakers, journalists, and the public learn more about our nation’s fiscal and economic health.
https://www.pgpf.org/what-we-are-doing/research-and-analysis
“America’s high and rising national debt threatens our economy, and must be included in the policy conversation this year," said Michael A. Peterson, President and CEO of the Peter G. Peterson Foundation.
https://www.pgpf.org/press-release/2017/03/statement-on-cbo-2017-long-term-budget-outlook
The Congressional Budget Office (CBO) updated its budget and economic projections, which now show that federal deficits are projected to be $2.1 trillion higher over the next decade than the agency projected just a few months ago.
https://www.pgpf.org/blog/2024/07/the-nations-fiscal-outlook-just-got-worse-heres-why
As the nation emerges from a divisive campaign season with a range of complex challenges awaiting a new administration and Congress, Americans remain deeply concerned about the rising national debt.
https://www.pgpf.org/press-release/2020/11/fci-press-release
Policymakers should build on this foundation of bipartisanship to begin the significant further reforms that are necessary to put our nation on a sustainable fiscal path.
“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.
“Our nation faces a range of critical challenges, but Americans understand that managing the debt is a key part of building America’s future,” said Michael A. Peterson, CEO of the Peterson Foundation.
https://www.pgpf.org/press-release/2019/05/fci-press-release
The latest report from the nonpartisan Congressional Budget Office (CBO) reiterates that the federal budget is on an unsustainable trajectory.