Michael A. Peterson to Testify Before Senate Budget Committee
President & CEO of the Peter G. Peterson Foundation will discuss reforms to encourage long-term fiscal sustainability.
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President & CEO of the Peter G. Peterson Foundation will discuss reforms to encourage long-term fiscal sustainability.
The combined Social Security trust funds are projected to be fully depleted by 2034 — just 18 years from now.
https://www.pgpf.org/analysis/2016/06/trustees-warn-social-security-in-financial-trouble
The study examines the most recent version of Patient Protection and Affordable Care Act and the House-passed Affordable Health Care for America Act, and it provides the first long-term comparative analysis of the costs of the House and Senate health care reform legislation.
"In today’s reports, once again, the trustees warn us that Social Security and Medicare face serious challenges."
"Over the long term, the president’s budget leaves in place a permanent mismatch between revenues and spending that will fuel a rising and unsustainable debt."
As Congress returns from their break, here are the issues and key points to keep in mind this fall.
https://www.pgpf.org/infographic/infographic-welcome-back-congress
"The era of declining deficits has clearly come to an end."
The number one financial worry for Americans is having enough money for retirement — and for good reason.
https://www.pgpf.org/blog/2016/06/six-challenges-to-retirement-security
Peterson Foundation Chairman Pete Peterson was featured in the new Winter 2014 issue of Philanthropy magazine, out today.
https://www.pgpf.org/blog/pete-peterson-philanthropy-magazine
Though the economy continues its recovery and we have made some progress on deficits, our deficits will begin growing again soon, and major long-term fiscal challenges remain.