Statement from the Peterson Foundation on 2013 Congressional Budget Office's Long-Term Budget Outlook
Michael A. Peterson releases a statement about the Congressional Budget Office's long-term budget outlook.
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Michael A. Peterson releases a statement about the Congressional Budget Office's long-term budget outlook.
Attitudes about the national debt remained consistently low throughout 2015, as the Fiscal Confidence Index ranged between 45 and 52, demonstrating that even as short-term deficits improved, our long-term fiscal challenges remain a major concern to voters.
https://www.pgpf.org/press-release/2015/12/fci-press-release
“The most important takeaway from today’s CBO report is that interest costs are higher, adding to an already unsustainable fiscal outlook," said Michael A. Peterson, CEO of the Peter G. Peterson Foundation.
“As we continue to face significant economic turbulence and uncertainty, fiscal confidence is near a record low, because voters know that our growing national debt makes it more difficult to build a strong and stable future,” said Michael A. Peterson, CEO of the Peterson Foundation.
https://www.pgpf.org/press-release/2022/04/fci-press-release
“This new report provides the latest evidence that our fiscal condition has worsened significantly since the pandemic began, and will need to be addressed once we’re through the COVID crisis,” said Michael A. Peterson, CEO of the Peter G. Peterson Foundation.
Peter G. Peterson pens an op-ed in POLITICO on how to handle our long-term debt.
https://www.pgpf.org/press-release/op-ed-how-to-handle-our-long-term-debt
“Today’s CBO report confirms that major damage was done to our fiscal outlook in just the past few months," said Michael A. Peterson, President and CEO of the Peter G. Peterson Foundation.
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.
“No review of the state of our union is complete without acknowledging our nation’s high and rising debt," Michael A. Peterson, CEO of the Peter G. Peterson Foundation, said.
The results of the Peterson Foundation’s Solutions Initiative III are in: researchers from five leading think tanks agree that there are many ways to stabilize the nation’s long-term debt.