Op-Ed: Debt is an Issue that New Hampshire Voters Care About
PGPF President & CEO Michael Peterson on the importance of the long-term national debt and fiscal issues in the 2016 elections.
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PGPF President & CEO Michael Peterson on the importance of the long-term national debt and fiscal issues in the 2016 elections.
“Today’s Trustees reports drive home the fact that the clock is ticking down on automatic cuts to Social Security and Medicare," said Michael A. Peterson.
https://www.pgpf.org/press-release/2024/05/peterson-foundation-statement-on-2024-trustees-reports
Relative to the GAO’s last update of their long-term simulation, the nation’s fiscal condition has deteriorated.
Reporting to the Senior Manager, Grant Operations, this position is a key contributor to the grantmaking function of the Foundation.
https://www.pgpf.org/about/careers/associate-grant-operations
“This new CBO report shows just how much more dangerous the future looks if these tax cuts and spending increases are allowed to continue," said Michael A. Peterson, Chairman and CEO of the Peter G. Peterson Foundation.
“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
Every month the U.S. Treasury releases data on the federal budget, including the current deficit. Here is the latest data for Fiscal Year 2024, charted out monthly and on a year-over-year basis.
This is the moment to strengthen the social insurance system and to enact an ambitious federal investment package, while raising tax revenue and cutting back on spending in ways that would largely offset those costs.
"The deficit has essentially doubled in just one year. That’s very alarming, but the fact that the deficit grew so much during a time of economic growth is an even more serious warning sign for our nation’s future."
https://www.pgpf.org/press-release/2023/10/peterson-foundation-statement-as-deficit-soars
“It’s a positive step to see proposals which raise the debt ceiling while also beginning to address our unsustainable fiscal outlook," said Michael A. Peterson.
https://www.pgpf.org/press-release/2023/04/peterson-foundation-statement-on-debt-ceiling-proposals