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Fixing the budget requires addressing the root cause of the long-term deficits: escalating Social Security and Medicare shortfalls.
A new poll released today commissioned by the Peter G. Peterson Foundation finds that 83% of voters believe the debt should be a high priority in the President’s speech.
NEW YORK — The Peter G. Peterson Foundation’s final Fiscal Confidence Index for 2013 shows that American voters hold deep concerns about the nation’s long-term fiscal health, continuing a consistent 12-month trend.
On average, Medicare benefits far exceed taxes over an individual’s lifetime.
https://www.pgpf.org/chart-archive/0197_Medicare_lifetime_benefits
The House and Senate must show leadership in key issues facing the nation, like finding consensus on a $90 billion budget gap before the end of the fiscal year, or next month’s looming debt ceiling debate.
https://www.pgpf.org/press-release/infographic-%E2%80%94-welcome-back-congress
Following the recent government shutdown and debt ceiling standoff, and as the Budget Conference Committee gathers, a new poll released today finds that a majority of voters in both parties are willing to give ground on key issues in order to achieve a much desired, long-term fiscal solution.
“Voters have made it overwhelmingly clear that they want their leaders to pay for all new spending with credible offsets, and they strongly support many proposed options to fully fund the package,” said Michael A. Peterson, CEO of the Peterson Foundation.
https://www.pgpf.org/press-release/2021/09/fci-press-release
Every month the U.S. Treasury releases data on the federal budget, including the current deficit. Here is the data for September 2021.
https://www.pgpf.org/the-current-federal-budget-deficit/budget-deficit-september-2021
As President Obama and Congress confront the nation's fiscal outlook and other top priorities, the Peter G. Peterson Foundation is convening its fourth annual Fiscal Summit.
“As the bill moves through the process, there is no shortage of options to fully pay for these new programs using credible offsets and realistic assumptions," said Michael A. Peterson, CEO of the Peter G. Peterson Foundation.