Rising Interest Rates Threaten Washington’s Solvency
Inflation’s legacy of higher real interest rates poses a significant danger to the federal budget.
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Inflation’s legacy of higher real interest rates poses a significant danger to the federal budget.
Michael A. Peterson, President and CEO of the Peter G. Peterson Foundation, commented today after the White House released the outline of President Trump’s tax plan.
https://www.pgpf.org/press-release/2017/04/statement-on-administrations-tax-plan
NEW YORK — Americans continue to show high levels of concern about our nation's long-term debt, even as economic and near-term fiscal indicators show signs of improvement, according to the Peter G. Peterson Foundation’s latest Fiscal Confidence Index, a monthly measure of public attitudes about the nation’s long-term debt and the efforts elected leaders are making to address the debt.
Americans continue to show high levels of concern about the nation’s long-term debt and believe the country is on the wrong track when it comes to addressing debt, according to the Peter G. Peterson Foundation’s latest Fiscal Confidence Index.
https://www.pgpf.org/press-release/2013/03/fci-press-release
Americans continue to be concerned about the nation's long-term debt and believe the problem is likely to get worse in the next few years, according to the Peter G. Peterson Foundation’s latest Fiscal Confidence Index.
https://www.pgpf.org/press-release/2013/02/fci-press-release
As Raimondo examined Rhode Island’s retirement system during her first months in office, it became clear that pension plans for state employees and teachers were unsustainable.
https://www.pgpf.org/pgpf-programs-and-projects/gina-raimondo-rhode-island-general-treasurer
“Reaching $23 trillion in debt on Halloween is a scary milestone for our economy and the next generation, but Washington shows no fear," said Michael A. Peterson, CEO of the Peter G. Peterson Foundation.
“Voters believe that managing our national debt is a top priority that should play a central role in this year’s election discussion,” said Michael A. Peterson, CEO of the Peterson Foundation.
https://www.pgpf.org/press-release/2020/02/fci-press-release
“Today’s Fed action is an important reminder that interest rates do not remain low forever, and have significant implications for our national debt," said Michael A. Peterson, CEO of the Peter G. Peterson Foundation.
https://www.pgpf.org/press-release/2022/03/peterson-foundation-statement-on-fed-action
Michael A. Peterson, President and COO of the Peter G. Peterson Foundation, commented today following the release of the "Tax Reform Act of 2014," by Ways and Means Chairman Dave Camp.