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With a new Congress set to convene in the midst of a costly government shutdown, Americans hold deep concerns and a widespread belief that the country is moving in the wrong direction when it comes to the national debt.
https://www.pgpf.org/press-release/2019/01/fci-press-release
“Rather than engaging in partisan battles and fiscal brinksmanship, voters want their leaders to work together on real solutions to our national debt,” said Michael A. Peterson.
https://www.pgpf.org/press-release/2023/09/fci-press-release
Through easy-to-understand language and charts, the State of the Union’s Finances explains the enormous fiscal challenges we face, based on the official financial statements of the U.S. government.
https://www.pgpf.org/budget-basics/state-of-the-unions-finances
“As the national debt races toward $34 trillion, policymakers remain mired in short-term budget battles that do nothing to improve our fiscal outlook,” said Michael A. Peterson.
https://www.pgpf.org/press-release/2023/11/fci-press-release
"A fiscal commission is most likely to succeed if the broader public is involved in the process," writes Sita Slavov.
"It is easy to look at the state of American politics and feel despair. Instead, we should be motivated to solve big problems," writes Robert Portman
As we enter a new year, the Peter G. Peterson Foundation’s January Fiscal Confidence Index is 52 (100 is neutral), indicating voters’ ongoing concern about America's fiscal future.
https://www.pgpf.org/press-release/2015/01/fci-press-release
"The rise in the cost of servicing the debt is the significant challenge . . . threatening to crowd out federal spending priorities," writes Dana M. Peterson and Lori Esposito Murray.
https://www.pgpf.org/expert-views/fiscal-commission/the-debt-crisis-is-here
Portman, Panetta, Heitkamp, Zandi and others call for bipartisan fiscal commission, outlining spending and revenue reforms to stabilize the debt.
Peter G. Peterson releases a statement on President Obama's address to a joint session of Congress.