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According to CBO, the fiscal condition of the United States has deteriorated since its last report issued in August.
https://www.pgpf.org/analysis/cbo%E2%80%99s-latest-budget-projections-a-deteriorating-fiscal-outlook
Learn more about the Peter G. Peterson Foundation in our 2012-2014 Progress Report, which highlights our work over the past three years.
The President’s budget for Fiscal Year 2012 contains spending and revenue proposals for the remainder of the current year, as well as the coming decade.
“As Washington navigates short-term budget battles, our long-term fiscal outlook keeps getting more and more dangerous," said Michael A. Peterson.
The Senior Director will engage with a range of research organizations from across the ideological spectrum to initiate new ideas, refine existing ones, and promote the combination of those most likely to address America’s long-term fiscal challenges.
https://www.pgpf.org/about/careers/senior-director-fiscal-policy
"A fiscal commission will not obviate lawmakers’ responsibility to make hard choices, but it will make those choices easier to understand and explain to voters," writes Mark Zandi
https://www.pgpf.org/expert-views/fiscal-commission/a-way-to-brighten-americas-dark-fiscal-outlook
As the nation emerges from a divisive campaign season with a range of complex challenges awaiting a new administration and Congress, Americans remain deeply concerned about the rising national debt.
https://www.pgpf.org/press-release/2020/11/fci-press-release
"The public has to be involved, educated, and understand the consequences of inaction. Legislators will not make difficult decisions unless their constituents see a need and reason to act," writes G. William Hoagland
https://www.pgpf.org/expert-views/fiscal-commission/fiscal-commissions-promises-and-disappointments
Policymakers should build on this foundation of bipartisanship to begin the significant further reforms that are necessary to put our nation on a sustainable fiscal path.