Statement by Pete Peterson on Plan by Bipartisan Group of Senators
The Peter G. Peterson Foundation issues a statement on a plan by bipartisan group of senators.
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The Peter G. Peterson Foundation issues a statement on a plan by bipartisan group of senators.
The nation's long-term fiscal outlook is unsustainable. Publicly held debt currently equals 70 percent of gross domestic product, the most common measure of an economy's size.
https://www.pgpf.org/budget-basics/state-of-the-unions-finances/introduction
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
Pete Peterson Joins President Clinton and Others to Discuss Jobs, the Economy and America’s Long-Term Fiscal Challenges.
Each year, through the budget process, the President and Congress have the opportunity to set priorities for the federal government, determining how much should be spent through appropriations for annually-funded programs, known as discretionary spending, and providing the opportunity to review entitlement programs and the tax code.
https://www.pgpf.org/budget-basics/federal-budget-process-a-primer
If all of the proposals in the budget were adopted, government debt would still soar to unsustainable levels in the long run, even under the optimistic assumptions used in the administration’s long-run projections.
These projections provide fresh evidence that the nation’s fiscal policy is on an unsustainable course and changes in policy will be needed.
Peter G. Peterson releases a statement on news reports on White House and Congress discussions.
The Peter G. Peterson Foundation on the Congressional Budget Office outlook.
The U.S. spent $187 billion on interest payments alone in 2009.