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“Our country is on an unsustainable fiscal path, and reforming our broken budget process can be an important part of improving our fiscal future," said Michael A. Peterson, President and CEO of the Peter G. Peterson Foundation.
The Peter G. Peterson Foundation and the Ford Foundation today announced $1.5 million in grant awards for US 2050, a unique research initiative examining the multiple demographic, economic, societal, and fiscal trends shaping America in the decades ahead.
“This committee has an important opportunity to improve the budget process in a way that will help encourage fiscally responsible policymaking," said Michael A. Peterson, President and CEO of the Peter G. Peterson Foundation.
As Congressional leaders and the President discuss a potential temporary solution to the current fights over the government shutdown and the debt ceiling, the repeated cycle of lurching from crisis to crisis has significant costs to the U.S. economy, according to a new report released today.
https://www.pgpf.org/press-release/new-study-measures-the-high-cost-of-crisis-driven-government
“The administration projects that the deficit is on track to hit $1 trillion this year, even though we are in a strong economy and low interest rate environment," said Michael A. Peterson, CEO of the Peter G. Peterson Foundation.
https://www.pgpf.org/press-release/2019/07/peterson-foundation-statement-on-omb-mid-session-review
“It’s unfortunate that even the Committee’s draft package of modest recommendations failed to advance. Significant work remains to address America’s fiscal challenges and the Committee’s proposals could have been a small step in the right direction to improve our budget process." Michael A. Peterson, CEO of the Peter G. Peterson Foundation, said.
Michael A. Peterson writes an op-ed for POLITICO about the 10-year outlook on deficits.
https://www.pgpf.org/press-release/op-ed-on-budget-10-is-not-enough
The Peter G. Peterson Foundation launches campaign to address debt.
https://www.pgpf.org/press-release/2010/11/peterson-foundation-to-launch-campaign-to-address-debt
“This new rules package includes important reforms that can help encourage fiscal responsibility." Michael A. Peterson, CEO of the Peter G. Peterson Foundation, said.
My Two Cents Day, part of the Up to Us campaign sponsored by the Peter G. Peterson Foundation in partnership with the Clinton Global Initiative University (CGI U) and Net Impact, is a student-led effort to engage, educate and inspire action among the generation most impacted by the nation’s long term fiscal and economic health.
https://www.pgpf.org/press-release/2015/02/thousands-of-college-students-unite-to-offer-my-two-cents