Statement from Foundation Chairman Pete Peterson on New Simpson-Bowles Deficit-Reduction Framework
Peter G. Peterson releases a statement on the new Simpson-Bowles deficit-reduction framework.
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Peter G. Peterson releases a statement on the new Simpson-Bowles deficit-reduction framework.
These projections provide fresh evidence that the nation’s fiscal policy is on an unsustainable course and changes in policy will be needed.
In order to balance our budget and reduce the amount of debt the government takes on each year, we must match the level of government revenues with the level of spending.
https://www.pgpf.org/budget-basics/where-the-money-comes-from-revenues-taxes
NEW YORK — The Peter G. Peterson Foundation’s final Fiscal Confidence Index for 2013 shows that American voters hold deep concerns about the nation’s long-term fiscal health, continuing a consistent 12-month trend.
Policymakers should work together to stabilize and strengthen this important program for generations to come.
https://www.pgpf.org/analysis/trustees-warn-social-security-faces-major-imbalances
Budget Explainer: What's at Stake with Discretionary Spending Cuts
https://www.pgpf.org/budget-basics/budget-explainer-whats-at-stake-with-discretionary-spending-cuts
Policymakers should build on this foundation of bipartisanship to begin the significant further reforms that are necessary to put our nation on a sustainable fiscal path.
Peter G. Peterson releases a statement on Baucus-Hatch tax reform principles.
The Peterson-Pew Commission on Budget Reform's second report, Getting Back in the Black, offers a detailed set of options to reform the federal budget process.
https://www.pgpf.org/what-we-are-doing/grants/peterson-pew-commission-report
Under the GAO’s most realistic fiscal scenario, debt held by the public will exceed 109 percent of GDP by 2020.