Infographic: Welcome Back, Congress
As Congress returns from their break, here are the issues and key points to keep in mind this fall.
https://www.pgpf.org/infographic/infographic-welcome-back-congress
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As Congress returns from their break, here are the issues and key points to keep in mind this fall.
https://www.pgpf.org/infographic/infographic-welcome-back-congress
Even party extremes want bipartisan progress: 93% of Liberal Democrats and 85% of Tea Party supporters strongly agree that both parties should work together to solve our long-term fiscal and economic problems.
67% of registered voters strongly agree that "I am willing to do my part to reduce the national debt, as long as other people also do their part."
Over the next several weeks, as the President and Congress confront the "fiscal cliff," they will have a big opportunity to make the right choice.
The rapid growth in health care costs is the largest and fastest growing fiscal challenge.
The Congressional Budget Office’s new long-term projections show that the federal budget is on an unsustainable path.
https://www.pgpf.org/analysis/cbo-2013-long-term-budget-outlook-analysis
Once we have a plan in place that reduces spending and increases revenues, a strong annual budget process for the government would help us stay on track.
https://www.pgpf.org/budget-basics/fixing-the-budget-process
There will be a number of consequences from a gradual increase in the federal funds rate over time.
Reconciliation is a powerful process, whereby legislation drafted to meet those instructions has an easier path to passage.
The Peter G. Peterson Foundation has partnered with POLITICO to present the next Morning Money Breakfast Briefing.
https://www.pgpf.org/events/politico-morning-money-breakfast-briefing
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For more information about America’s fiscal challenge and potential solutions, visit the Peter G. Peterson Foundation at www.pgpf.org. The following websites also provide a wealth of information on the U.S. budget and various policy areas.
https://www.pgpf.org/budget-basics/state-of-the-unions-finances/learn-more