Fiscal Space for Future Generations
The greatest gift today’s leaders can give to future generations is the fiscal room to solve their own problems.
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The greatest gift today’s leaders can give to future generations is the fiscal room to solve their own problems.
“The national debt is already $34 trillion, but as it grows over the next three decades, we’ll spend more than double that on interest alone,” said Michael A. Peterson.
https://www.pgpf.org/press-release/2024/03/fci-press-release
CBO Director Phillip Swagel joined Peter G. Peterson Foundation CEO Michael Peterson for a discussion of this new report a day after its release.
"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
Gridlock "means ever rising debt as a share of GDP, the prospect of economic turmoil, and lower living standards than otherwise for our children and grandchildren," writes G. William Hoagland.
The 2018 election season is a critical opportunity for candidates to talk to voters about solutions to put us on a better path.
Portman, Panetta, Heitkamp, Zandi and others call for bipartisan fiscal commission, outlining spending and revenue reforms to stabilize the debt.
The nation's long-term fiscal outlook is unsustainable. Publicly held debt currently equals 70 percent of gross domestic product, the most common measure of an economy's size.
https://www.pgpf.org/budget-basics/state-of-the-unions-finances/introduction
The Peterson Foundation works to bring Americans together to find and implement sensible, long-term solutions for our country’s fiscal and economic challenges.
2013 Fall Fiscal Agenda: A Critical Time for Action; 4 upcoming milestones
https://www.pgpf.org/budget-basics/2013-fall-fiscal-agenda-%E2%80%94-conclusion