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"As lawmakers drift from one short-term fiscal crisis to the next, our national debt just keeps piling up, trillion after trillion," said Michael A. Peterson, CEO of the Peter G. Peterson Foundation.
Learn about Peterson Foundation projects designed to address America's long-term fiscal and economic challenges.
“Sadly, we rung in the new year reaching a new record milestone of $34 trillion in national debt,” said Michael A. Peterson.
https://www.pgpf.org/press-release/2023/12/fci-press-release
Building on work that began with the Foundation's Solutions Initiative last year, experts from the American Action Forum, the Bipartisan Policy Center, the Center for American Progress, the Economic Policy Institute and The Heritage Foundation have each composed specific plans to set the country on a more sustainable fiscal path, and set out their top priorities for the President and Congress.
Tax reform done right would promote economic growth, make our fiscal outlook more sustainable, reduce the complexity and burden of compliance, and increase the system’s transparency and fairness.
“Today’s CBO report is a timely reminder that as lawmakers work to raise the debt ceiling, they should also address the underlying problem of our rapidly growing national debt."
https://www.pgpf.org/press-release/2023/05/peterson-foundation-statement-on-cbo-report
Become a fiscal leader to help educate and inspire others on the importance of improving our fiscal policy.
As Washington faces closely divided government, the nonpartisan Peter G. Peterson Foundation is convening respected policy experts to help break the gridlock. This set of eight new essays highlights a range of ideas on how to make progress on key fiscal and economic goals. The authors include leaders from across the political spectrum, offering historical context and practical advice to help lawmakers rise above the politics to make bipartisan progress.
https://www.pgpf.org/expert-views/bipartisan-policymaking-under-divided-government
Policy leaders and experts across the political spectrum have put forward a number of comprehensive plans to reduce America’s long-term debt and lay a strong foundation for future economic growth.
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