Statement by Michael A. Peterson, Vice Chairman of the Peter G. Peterson Foundation, on Congressional Budget Office Outlook - August 2011
The Peter G. Peterson Foundation releases a statement on CBO outlook.
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The Peter G. Peterson Foundation releases a statement on CBO outlook.
The Peter G. Peterson Foundation on the Congressional Budget Office outlook.
According to CBO, the fiscal condition of the United States has deteriorated since its last report issued in August.
https://www.pgpf.org/analysis/cbo%E2%80%99s-latest-budget-projections-a-deteriorating-fiscal-outlook
Relative to the GAO’s last update of their long-term simulation, the nation’s fiscal condition has deteriorated.
The end of the supercommittee doesn’t mean the end of the fiscal policy debate in Washington.
The latest report by the CBO on the outlook for the U.S. budget and economy highlights the costs of the ongoing weakness in our economy and uncertain direction of our nation’s fiscal policies.
https://www.pgpf.org/analysis/summary-of-cbo-update-on-budget-and-economic-outlook
Peter G. Peterson pens an op-ed about the budget for POLITICO.
https://www.pgpf.org/press-release/2011/08/op-ed-a-new-chance-to-get-budget-right
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.
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
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.