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“Voters understand that we are continuing to endure a terrible public health and economic crisis, but they also realize that we are piling on trillions of debt to what was already an unsustainable fiscal outlook,” said Michael A. Peterson, CEO of the Peterson Foundation.
https://www.pgpf.org/press-release/2021/03/fci-press-release
CBO projects that federal debt will climb to 141 percent of GDP within 30 years — exceeding the highest level of debt ever recorded at the end of World War II by a large margin.
For the third successive year, student teams have joined Up to Us, a unique nationwide campus competition that gives young leaders a voice on fiscal issues.
“We all know we are already on a troubling fiscal path, but today’s CBO report shows us that our leaders are making things considerably worse," said Michael A. Peterson, CEO of the Peter G. Peterson Foundation.
“Bipartisanship is important, and so is our $28 trillion national debt. Working across the aisle to address important needs of our nation is an essential component of a functioning democracy." said Michael A. Peterson, CEO of the Peter G. Peterson Foundation.
As the nation shifts its attention from the election to the major challenge posed by the upcoming Fiscal Cliff, some of the country's most influential voices on fiscal and economic issues will come together at a forum convened by the Peter G. Peterson Foundation.
The Peter G. Peterson Foundation issues a statement on fiscal negotiations.
Innovative next-gen campaign raises awareness among college students, policymakers about the impact of U.S. fiscal and economic policy issues on their future.
The Peter G. Peterson Foundation releases a statement on the completion of fiscal commission appointments.
The Peterson Foundation cited new projections which demonstrate that $1.2 trillion in deficit reduction that fails to address the fundamental drivers of our growing debt will not stabilize the level of debt relative to the economy, which is the real test of any long-term fiscal plan.