Statement on the 2015 State of the Union Address
Michael A. Peterson, President and COO of the Peter G. Peterson Foundation, commented this evening on the President’s annual State of the Union address.
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Michael A. Peterson, President and COO of the Peter G. Peterson Foundation, commented this evening on the President’s annual State of the Union address.
“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
The percentage of children without health insurance has declined since 1997.
The president's budget misses an opportunity to address the structural causes of our debt and relies instead on overly optimistic economic assumptions.
The budget projections from the Congressional Budget Office (CBO) in August reaffirm the perilous path of deficits and debt expected over the next decade.
The U.S. has historically devoted a larger share of its economy to defense than other members of the G-7.
Every month the U.S. Treasury releases data on the federal budget, including the current deficit. Here is the data for June 2021.
https://www.pgpf.org/the-current-federal-budget-deficit/budget-deficit-june-2021
The successful candidate will bring an interest in federal fiscal policy as well as excellent writing and quantitative skills to the team. The job will mostly focus on creating and organizing content for distribution by the Foundation.
Medicare spending is projected to rise rapidly.
https://www.pgpf.org/chart-archive/0276_medicare_spending_long-term
Medicaid provides health insurance to low-income Americans. Children make up nearly half of the program’s enrollment, but most spending is directed towards the elderly and disabled.
https://www.pgpf.org/chart-archive/0093_medicaid_demographics