Statement by Michael A. Peterson, Vice Chairman of The Peter G. Peterson Foundation, on President Obama’s Proposed 2012 Budget
The Peter G. Peterson Foundation releases a statement on President Obama's proposed 2012 budget.
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The Peter G. Peterson Foundation releases a statement on President Obama's proposed 2012 budget.
The President's budget has a worthy goal of deficit reduction. However the economic assumptions underlying the president’s budget are optimistic.
https://www.pgpf.org/analysis/2017/05/analysis-of-the-presidents-fy-2018-budget
Improving our healthcare system to deliver better quality care at lower cost is critically important to our nation’s long-term economic and fiscal well-being.
https://www.pgpf.org/infographic/infographic-us-healthcare-spending
The earned income tax credit (EITC) is a measure administered through the tax code to address poverty.
https://www.pgpf.org/budget-basics/what-is-the-earned-income-tax-credit
The fifth annual Fiscal Summit will bring together leading experts and policymakers to outline their vision for building a vibrant economy for all Americans, addressing our long-term fiscal challenges, and securing critical investments in our future.
“Earlier this month, the Congressional Budget Office released new data showing that interest costs in 2024 will total a staggering $870 billion, a jump of 32 percent and more than $2 billion per day,” said Michael A. Peterson.
https://www.pgpf.org/press-release/2024/02/fci-press-release
The president's budget misses an opportunity to address the structural causes of our debt and relies instead on overly optimistic economic assumptions.
“America’s high and rising national debt threatens our economy, and must be included in the policy conversation this year," said Michael A. Peterson, President and CEO of the Peter G. Peterson Foundation.
https://www.pgpf.org/press-release/2017/05/statement-on-presidents-budget
Social Security, America’s essential public retirement program, is on a path to depletion in less than 10 years.