Peterson Foundation Statement on CBO Long-Term Budget Outlook
“America’s fiscal outlook is more dangerous and daunting than ever, threatening our economy and the next generation."
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“America’s fiscal outlook is more dangerous and daunting than ever, threatening our economy and the next generation."
“We need our leaders to rise to the urgency of the moment, but legislative gridlock continues to prevent progress on even the basics of budgeting," said Michael A. Peterson.
https://www.pgpf.org/press-release/2024/03/peterson-foundation-statement-on-presidents-budget
“Today’s CBO report confirms that major damage was done to our fiscal outlook in just the past few months," said Michael A. Peterson, President and CEO of the Peter G. Peterson Foundation.
Voters are calling on their leaders to take concrete actions to put us on a better fiscal path.
At $34 trillion and rising, the national debt threatens America’s economic future. Here are the top ten reasons why the national debt matters.
https://www.pgpf.org/top-10-reasons-why-the-national-debt-matters
"Establishing a bipartisan fiscal commission could be the first step towards breaking this fiscal deadlock and setting national priorities," writes Ben Ritz
https://www.pgpf.org/expert-views/fiscal-commission/setting-up-a-fiscal-commission-for-success
The results of the Peterson Foundation’s Solutions Initiative III are in: researchers from five leading think tanks agree that there are many ways to stabilize the nation’s long-term debt.
"As lawmakers debate significant reforms, our growing deficits should be a factor in every policy conversation," said Michael A. Peterson, President and CEO of the Peter G. Peterson Foundation.
CBO’s report is the latest warning sign about the dire fiscal outlook.
The more important question for fiscal policy is what happens when monetary policy normalizes.