CBO Report Highlights America’s Unsustainable — and Deteriorating — Fiscal Outlook
The latest report from the nonpartisan Congressional Budget Office (CBO) reiterates that the federal budget is on an unsustainable trajectory.
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The latest report from the nonpartisan Congressional Budget Office (CBO) reiterates that the federal budget is on an unsustainable trajectory.
In the waning days of the 2020 campaign and as the nation continues to endure the coronavirus pandemic, voters remain deeply concerned about the record and rising national debt.
https://www.pgpf.org/press-release/2020/10/fci-press-release
Americans are increasingly concerned about the nation's long-term debt and pessimistic about Washington's ability to make progress in addressing the debt, according to the Peter G. Peterson Foundation's latest Fiscal Confidence Index, a monthly measure of public attitudes about the nation's long-term debt and the efforts elected leaders are making to address the debt.
https://www.pgpf.org/press-release/2013/01/fci-press-release
Americans remain deeply concerned about our nation’s long-term debt, according to the Peter G. Peterson Foundation’s latest Fiscal Confidence Index.
https://www.pgpf.org/press-release/2013/06/fci-press-release
The pandemic has caused a public health crisis as well as substantial economic disruption. So far, lawmakers have enacted six separate pieces of legislation.
The Peter G. Peterson Foundation announced today that it will be the exclusive broadcast sponsor of the Bloomberg/Washington Post Republican Presidential Debate, to be held on Tuesday, October 11th at Dartmouth College in Hanover, New Hampshire.
CBO updated its budget projections this week, confirming that for the first year since 2009, deficits as a share of GDP are on the rise again.
https://www.pgpf.org/blog/2016/08/three-key-takeaways-from-the-updated-budget-projections
“The vast majority of Americans across party lines, including younger voters, are calling on the President and Congress to take action on our national debt,” said Michael A. Peterson, CEO of the Peterson Foundation.
https://www.pgpf.org/press-release/2019/02/fci-press-release
On our current path, CBO projects that deficits will reach $1.0 trillion by 2022 and total $10.1 trillion over the next ten years.
https://www.pgpf.org/analysis/2017/06/cbo-unsustainable-deficits-threaten-future-economic-growth
“Voters continue to be concerned about our rising national debt, and rightly so,” said Michael A. Peterson, Chairman and CEO of the Peter G. Peterson Foundation.
https://www.pgpf.org/press-release/2018/05/fci-press-release