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    Press Releases & Statements

    Peterson Statement on CBO Report: Ten Straight Years of Trillion-Dollar Deficits

    “Today’s CBO report shows ten straight years of trillion-dollar deficits. That’s a sad reflection of our nation’s poor fiscal health, and it adds insult to injury that we’re piling on all this debt in a growing economy,” said Michael A. Peterson, CEO of the Peter G. Peterson Foundation.


    https://www.pgpf.org/press-release/2020/1/peterson-statement-on-cbo-report-ten-straight-years-of-trillion-dollar-deficits

    Press Releases & Statements

    The President’s Budget Proposals Will Lead the Federal Debt to Approach 200 Percent of GDP Over the Next 70 Years

    If all of the proposals in the budget were adopted, government debt would still soar to unsustainable levels in the long run, even under the optimistic assumptions used in the administration’s long-run projections.


    https://www.pgpf.org/press-release/under-the-president%E2%80%99s-budget-proposals-the-federal-debt-approaches-200-percent-of-gdp-over-the-next-70-years

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