PGPF on Capitol Hill
Today, Peterson Foundation President & CEO Michael A. Peterson testified before the Senate Budget Committee on ways to reform the federal budget process.
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Today, Peterson Foundation President & CEO Michael A. Peterson testified before the Senate Budget Committee on ways to reform the federal budget process.
Sequestration was designed to be a blunt instrument, whose arbitrary effects would be so undesirable that they would compel policymakers to reach compromise on budget legislation rather than allow the cuts to go into effect.
This project quantifies the competing public finance consequences of shifting trends in population health. It discusses impacts for medical expenditures, labor supply, earnings, wealth, tax revenues and government expenditures.
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
This project examines the role immigrants play in health and caregiving and builds on research that suggests that elderly individuals living in immigrant-dense areas are more likely to both “age in place” and enjoy lower mortality. It explores how immigration policy will affect the caregiving labor force in 2050 and how those labor force effects could affect the health of the elderly population.
https://www.pgpf.org/us-2050/research-projects/Immigration-and-Tomorrows-Elderly
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.
“Now that our economy has significantly recovered, it is the perfect time to begin a process to get our fiscal house in order," said Michael A. Peterson, Chairman and CEO of the Peter G. Peterson Foundation.
The Peterson Foundation has joined with the Henry L. Stimson Center to gather distinguished national security experts to begin working on a new defense strategy for the U.S.
https://www.pgpf.org/what-we-are-doing/grants/reframing-national-defense-strategy
Every month the U.S. Treasury releases data on the federal budget, including the current deficit. Here is the data for July 2022.
https://www.pgpf.org/the-current-federal-budget-deficit/budget-deficit-july-2022
The report anticipates that in 2020 — for the first time since 1982 — the program’s total costs will exceed its total income.