The U.K. Economic Crisis Proves That Debt Matters, Even for the United States
The economic turbulence in the United Kingdom demonstrates that fiscal responsibility is increasingly important in an era of high inflation and rising interest rates.
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The economic turbulence in the United Kingdom demonstrates that fiscal responsibility is increasingly important in an era of high inflation and rising interest rates.
Founder and Chairman Pete Peterson established the Foundation in 2008 to raise awareness of America’s long-term fiscal challenges and to find solutions to help build a growing, thriving economy.
https://www.pgpf.org/what-we-are-doing/fiscal-summit/2017-fiscal-summit/a-sustainable-fiscal-future
Our high and rising debt is “a big burden placed on current citizens, based on our past budgetary irresponsibility,” said Michael Peterson, CEO of the Peter G. Peterson Foundation, in a recent appearance on C-SPAN’s Washington Journal.
The Peter G. Peterson Foundation releases a statement on the report of the National Commission on Fiscal Responsibility and Reform.
“Today’s Fed action is an important reminder that interest rates do not remain low forever, and have significant implications for our national debt," said Michael A. Peterson, CEO of the Peter G. Peterson Foundation.
https://www.pgpf.org/press-release/2022/03/peterson-foundation-statement-on-fed-action
The Peter G. Peterson Foundation today released the first edition of the Fiscal Confidence Index, a new, monthly measure of public attitudes about the nation’s long-term debt and the efforts elected leaders are making to address the debt.
https://www.pgpf.org/press-release/2012/12/fci-press-release
Real GDP could have contracted by an annualized 46.2 percent in the second quarter if there had not been any fiscal response.
https://www.pgpf.org/blog/2023/04/how-did-the-fiscal-response-to-the-coronavirus-help-the-economy
Michael A. Peterson releases a statement about the Congressional Budget Office's long-term budget outlook.
10th annual Fiscal Summit includes Speaker Nancy Pelosi, White House Acting Chief of Staff Mick Mulvaney, House Budget Chairman John Yarmuth, Ways and Means Ranking Member Kevin Brady, New CBO Director Phillip Swagel and other leading policy voices from across the political spectrum
https://www.pgpf.org/press-release/2019/06/2019-fiscal-summit-press-release
A newly updated report, prepared by Ernst & Young, reexamines the federal government's long-term fiscal outlook through the "fiscal gap" measure.