Statement by Michael A. Peterson, Vice Chairman of the Peter G. Peterson Foundation, on Congressional Budget Office Outlook - Jan 2011
The Peter G. Peterson Foundation on the Congressional Budget Office outlook.
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The Peter G. Peterson Foundation on the Congressional Budget Office outlook.
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.
Peter G. Peterson releases a statement on President Obama's address to a joint session of Congress.
The Peterson Foundation cited new projections which demonstrate that $1.2 trillion in deficit reduction that fails to address the fundamental drivers of our growing debt will not stabilize the level of debt relative to the economy, which is the real test of any long-term fiscal plan.
Chairman Paul Ryan's budget aims to shrink the size of government to about 20 percent of gross domestic product (GDP) in 2015 and to 15 percent of GDP in 2050.
Relative to the GAO’s last update of their long-term simulation, the nation’s fiscal condition has deteriorated.
The Peter G. Peterson Foundation today announced that it will air a series of informational ads as part of its broadcast sponsorship of the October 11 Bloomberg/Washington Post Republican Presidential Debate to raise voter awareness about the nation’s fiscal and economic issues.
https://www.pgpf.org/press-release/foundation-tv-radio-online-ads
In 2008, Emory University received funding from the Foundation to create and support the work of the Center for Entitlement Reform.
https://www.pgpf.org/what-we-are-doing/grants/improving-health-care-value
Peter G. Peterson Foundation writes an op-ed about debt solutions for POLITICO.
https://www.pgpf.org/press-release/2011/11/op-ed-real-debt-solution-must-go-long