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In January 2013, a series of tax increases and spending cuts are slated to go into effect automatically and all at once. Many are calling this major fiscal policy shift the "Fiscal Cliff." If all of the changes are allowed to proceed, future budget deficits would be substantially reduced. However, the nonpartisan Congressional Budget Office has forecast that the economy would be thrown into recession in 2013 — an outcome that threatens our still-fragile economic recovery.
“Sadly, we rung in the new year reaching a new record milestone of $34 trillion in national debt,” said Michael A. Peterson.
https://www.pgpf.org/press-release/2023/12/fci-press-release
Every month the U.S. Treasury releases data on the federal budget, including the current deficit. Here is the data for June 2024.
https://www.pgpf.org/the-current-federal-budget-deficit/budget-deficit-june-2024
The end of 2023 marks another year that the country has failed to improve its daunting fiscal outlook.
The Associate will play an important role in communications strategy, communications research, project coordination, event development, internal communications strategy, and operational communications such as email list management.
https://www.pgpf.org/about/careers/associate-communications-and-public-affairs
“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
Debt levels have risen in many sectors of the economy.
Amid the debate over national priorities, one thing is clear: fiscal sustainability is essential to addressing the needs and ambitions of our society and building a vibrant future for generations to come.
https://www.pgpf.org/what-we-are-doing/fiscal-summit/2019-fiscal-summit/summary-and-highlights