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Michael Peterson writes an op-ed in Roll Call about the fiscal issues that plague the U.S. in the new year.
https://www.pgpf.org/press-release/op-ed-new-fiscal-year-same-fiscal-problems
The budget projections from the Congressional Budget Office (CBO) in August reaffirm the perilous path of deficits and debt expected over the next decade.
President & CEO of the Peter G. Peterson Foundation will discuss reforms to encourage long-term fiscal sustainability.
In 2022, America faces key questions about rising inflation, new COVID variants, growing national debt and an uncertain economic recovery. To help shed light on a complex set of factors and indicators, the Peterson Foundation brought together two leading experts for the latest edition of the Economic Forum.
“As the bill moves through the process, there is no shortage of options to fully pay for these new programs using credible offsets and realistic assumptions," said Michael A. Peterson, CEO of the Peter G. Peterson Foundation.
“This CBO score is the latest evidence that this bill needs to be improved as it moves through the legislative process," said Michael A. Peterson, CEO of the Peter G. Peterson Foundation.
“The unfortunate milestone of $29 trillion in debt is a stark reminder that our nation’s fiscal foundation is insecure and unsustainable." said Michael A. Peterson, CEO of the Peter G. Peterson Foundation.
“This record level of voter concern about our national debt reinforces the urgent need for fiscal responsibility and should encourage lawmakers to fulfill their promise to fully fund new programs,” said Michael A. Peterson, CEO of the Peterson Foundation.
https://www.pgpf.org/press-release/2021/10/fci-press-release
As Congressional leaders and the President discuss a potential temporary solution to the current fights over the government shutdown and the debt ceiling, the repeated cycle of lurching from crisis to crisis has significant costs to the U.S. economy, according to a new report released today.
https://www.pgpf.org/press-release/new-study-measures-the-high-cost-of-crisis-driven-government
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.