Why Long-Term Debt Matters: New Analysis + Infographic
The Peter G. Peterson releases a new analysis and infographic to help illustrate and define the nation's ongoing long-term fiscal challenges.
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The Peter G. Peterson releases a new analysis and infographic to help illustrate and define the nation's ongoing long-term fiscal challenges.
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
The Peterson Foundation has joined with the Henry L. Stimson Center to gather distinguished national security experts to begin working on a new defense strategy for the U.S.
https://www.pgpf.org/what-we-are-doing/grants/reframing-national-defense-strategy
Peter G. Peterson, Chairman of the Peter G. Peterson Foundation, releases a statement on President Obama's State of the Union Address.
Under current policies, publicly held debt is projected to increase from 73 percent of gross domestic product in 2012 to 83 percent in 2023.
This outlook is particularly worrisome because the baby boom generation is beginning to retire and will place growing demands on Social Security, Medicare, and Medicaid in the 2020s.
I.O.U.S.A.: Solutions, a follow-up special that is premiering on CNN this weekend, will focus on solutions to the fiscal crisis and it will feature new footage from the producers of I.O.U.S.A. and a panel discussion with experts from a variety of viewpoints, spanning across generations.
https://www.pgpf.org/press-release/iousa-solutions-premieres-on-cnn
The Government Accountability Office recently issued an update in a series of reports detailing the fiscal position of state and local governments.
https://www.pgpf.org/analysis/state-and-local-governments-face-continued-fiscal-pressure
If taxes are not increased or spending is not cut, CBO projects that interest costs will climb and federal debt will grow to levels that will damage our economy.