Updates / Center for Funding America’s Future

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By / 8.21.2019

A new report from the Congressional Budget Office projects federal budget deficits between 2019 and 2029 to be $872 billion higher than was projected just three months ago. As a result, Donald Trump will be forced to campaign for re-election next year with his government running a trillion-dollar deficit. Democrats should hold the “king of debt” accountable […]

By / 6.12.2019

For the past eight months, PPI’s Center for Funding America’s Future has been developing a fiscal blueprint that would restore America’s commitment to public investment, rebalance the intergenerational compact for 21st-century demographics, and implement pro-growth tax reform that rewards work over wealth. We previewed the plan yesterday at the Peter G. Peterson Foundation’s 10th annual […]

By / 5.14.2019

America lost a titan today with the passing of Alice Rivlin. Simply put, Alice was the mother of modern fiscal analysis. The Congressional Budget Office only exists as it does today because of her strong leadership as its founding director. Alice resisted political pressure and established the CBO as Washington’s non-partisan umpire of fiscal debates, […]

By / 3.14.2019

After the president’s budget was released on Monday, House Budget Committee Chairman John Yarmuth (D-KY) called it “A Budget for a Declining America.” Unfortunately, that might be an understatement. The Trump administration’s Fiscal Year 2020 budget proposal is a compilation of the worst ideas to come out of the Republican Party over the last decade. It would dismantle public investments that […]

By / 1.16.2019

Dear Democratic Class of 2018, Congratulations on your election to the U.S. House of Representatives! In addition to winning your own race, you are part of something larger – the first wave of a progressive resurgence in U.S. politics. The midterm elections gave U.S. voters their first opportunity to react to the way Donald Trump […]

By / 12.27.2018

As the Progressive Policy Institute’s Center for Funding America’s Future wraps up its first year, we want to thank everyone who followed and supported our work. Below you’ll find a compilation of our contributions to the public discourse in 2018. Through op-eds, blog posts, media interviews, research reports, engagement with elected officials, and public forums […]

By / 12.22.2018

This year concludes the same way it began: with a partial shutdown of the federal government. There is no doubt that President Donald Trump is primarily responsible for this shutdown – less than two weeks ago, during a nationally televised meeting in the Oval Office, he explicitly said so himself. “If we don’t get what […]

By / 12.20.2018

American children born today are getting a raw deal. As they come of age to drive or vote, they will be saddled with unimaginable levels of public debt because of the decisions their political leaders are making today. I know this because the official keepers of the budget accounts for Congress — the Congressional Budget […]

By / 12.6.2018

A new report published by the Daily Beast earlier this week revealed how little President Trump cares about America’s future. When senior administration officials warned Trump about the nation’s growing and unsustainable national debt, the president reportedly expressed little interest in tackling the issue because it wouldn’t create a full-blown crisis until after he is gone from office. […]

By / 12.4.2018

How did we arrive at a new normal of indifference to living on borrowed money? Federal budget deficits are poised to eclipse $1 trillion in 2020 and may never fall below that level again. There was hardly a word about this once-hot issue among Democrats or Republicans running in the midterm elections. Similar problems of […]