Statement by Chairman Pete Peterson on Agreement to Raise Debt Ceiling
The Peter G. Peterson Foundation releases a statement on the agreement to raise the debt ceiling.
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The Peter G. Peterson Foundation releases a statement on the agreement to raise the debt ceiling.
The Peter G. Peterson Foundation issues a statement on fiscal negotiations.
The Social Security Trustees's 2011 financial report warns that Social Security is in a weakened financial position in the short run and in an unsustainable condition in the long run.
https://www.pgpf.org/analysis/financial-condition-of-social-security
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
Relative to the GAO’s last update of their long-term simulation, the nation’s fiscal condition has deteriorated.
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.
These projections provide fresh evidence that the nation’s fiscal policy is on an unsustainable course and changes in policy will be needed.
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
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