Programs & Projects
Sep 12, 2022
High Inflation and Fiscal Policy
The more important question for fiscal policy is what happens when monetary policy normalizes.
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Grants
PGPF Convenes Leaders On Fiscal Cliff Solutions
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.
Press Releases & Statements
Sep 8, 2010
"Fiscal Solutions Tour" Launch
The Concord Coalition and The Peter G. Peterson Foundation today launched a national “Fiscal Solutions Tour” to foster informed public dialogue about possible answers to the nation’s daunting fiscal and economic challenges over the next decade and beyond.
Explainers
Mar 21, 2024
10 Largest Budget Functions
Here are the top ten spending categories for the federal budget.
https://www.pgpf.org/budget-basics/top-10-largest-budget-functions
Programs & Projects
Feb 2, 2023
Opportunities for Bipartisan Fiscal Policy in 2023
"Sound fiscal policy can make it easier for the Fed to bring inflation down without pushing the economy into a recession," writes Ben Ritz.
Press Releases & Statements
Feb 29, 2024
U.S. Fiscal Confidence Dips as Lawmakers Face Shutdown Deadlines, and Interest Costs Surge
“Earlier this month, the Congressional Budget Office released new data showing that interest costs in 2024 will total a staggering $870 billion, a jump of 32 percent and more than $2 billion per day,” said Michael A. Peterson.
https://www.pgpf.org/press-release/2024/02/fci-press-release
Programs & Projects
Nov 16, 2012
PGPF Convenes Leaders On Fiscal Cliff Solutions
Convened in November 2012, "Post-Election: The Fiscal Cliff and Beyond" brought together top elected leaders and policy experts to discuss potential paths forward for America.
https://www.pgpf.org/what-we-are-doing/events/the-fiscal-cliff-and-beyond
Grants
Foundation Projects
Learn about Peterson Foundation projects designed to address America's long-term fiscal and economic challenges.
Press Releases & Statements
Mar 4, 2021
Peterson Statement on CBO’s Long-Term Outlook
“Today’s report provides a troubling snapshot of America’s fiscal outlook, which we know will only get worse from here,” said Michael A. Peterson, CEO of the Peter G. Peterson Foundation.
https://www.pgpf.org/press-release/2021/03/peterson-statement-on-cbos-long-term-outlook
Programs & Projects
Feb 2, 2023
Does Fiscal Policy History Rhyme?
Gridlock "means ever rising debt as a share of GDP, the prospect of economic turmoil, and lower living standards than otherwise for our children and grandchildren," writes G. William Hoagland.