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We are deeply saddened by the loss of our Founder and Chairman, Peter G. Peterson, who worked tirelessly to secure the American Dream for future generations.
"This report confirms that tax cuts don’t pay for themselves," said Michael A. Peterson, President and CEO of the Peter G. Peterson Foundation.
"This tax legislation is increasingly irresponsible from a fiscal standpoint," said Michael A. Peterson, President and CEO of the Peter G. Peterson Foundation.
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 issues a statement in response to the U.S. Senate vote on the Conrad-Gregg amendment.
To help better inform the current debate over tax reform, the Tax Policy Center (with a grant from the Peterson Foundation) put real numbers behind different scenarios for tax reform that are both distributionally neutral and fiscally responsible.
While a 10-year window is currently the standard, the number of years covered by budget resolutions has varied.
Five students from the University of Virginia have been awarded first prize in the nationwide Up to Us competition — a first-of-its-kind, six-week challenge to engage young people on college campuses across the country on the federal government's long-term debt.
The 2014 Trustees Reports make clear that essential programs, like Social Security and Medicare, are on an unsustainable path.
https://www.pgpf.org/infographic/2014-social-security-medicare-trustees-reports
According to the Joint Committee on Taxation, the provisions in this agreement will add $857.8 billion to the deficit by 2020.
https://www.pgpf.org/analysis/2010/12/compromise-tax-framework-agreement