Response by Foundation Chairman Pete Peterson to President Obama's Speech on the Nation's Long-Term Debt
The Peter G. Peterson Foundation issues a statement on President Obama's speech on the nation's long-term debt.
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The Peter G. Peterson Foundation issues a statement on President Obama's speech on the nation's long-term debt.
The Peter G. Peterson Foundation releases a statement on Chairman Paul Ryan's budget proposal.
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.
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.
Peter G. Peterson, Chairman of the Peter G. Peterson Foundation, releases a statement on President Obama's State of the Union Address.
Pete Peterson Joins President Clinton and Others to Discuss Jobs, the Economy and America’s Long-Term Fiscal Challenges.
The Peter G. Peterson Foundation on the Congressional Budget Office outlook.
Over the next 10 years, the spending caps are projected to reduce deficits by approximately $900 billion, and the Supercommittee is charged with finding $1.5 trillion of additional savings.
https://www.pgpf.org/analysis/long-term-implications-of-the-budget-control-act-of-2011
After months of negotiations, with default looming, Congress passed and the President signed the Budget Control Act of 2011, which raises the debt ceiling and puts a process in place for reducing the deficit.
https://www.pgpf.org/analysis/peter-g-peterson-foundation-analysis-of-the-budget-control-act-of-2011
The President’s budget for Fiscal Year 2012 contains spending and revenue proposals for the remainder of the current year, as well as the coming decade.