Statement on Reinstatement of the Statutory Debt Limit
The Peterson Foundation releases a statement on the reinstatement of the statutory debt limit.
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The Peterson Foundation releases a statement on the reinstatement of the statutory debt limit.
America faces a growing crisis. Our federal government has accumulated a $13.6 trillion debt over the last few decades, and this debt is expected to grow significantly in coming years.
Michael A. Peterson, President & COO of PGPF, commented today following the appointment of Dr. Keith Hall to serve as Director of the Congressional Budget Office, succeeding Douglas Elmendorf.
NEW YORK — Americans maintain strongly negative attitudes about our nation’s fiscal challenges, according to the Peter G. Peterson Foundation’s latest Fiscal Confidence Index, a monthly measure of public attitudes about the nation’s long-term debt and the efforts elected leaders are making to address the problem.
Michael A. Peterson releases a statement on this week's releases of House and Senate budget proposals.
Peter G. Peterson releases a statement on House Speaker Boehner's comments.
Today, the Congressional Budget Office released its Update to the Budget and Economic Outlook: 2015-2025, which projects that federal debt will rise to 77 percent of GDP in 2025, a historically high level of debt that threatens economic growth over the long term.
Michael A. Peterson releases a statement on CBO's August update.
The Volcker Alliance, building off prior work by the State Budget Crisis Task Force, has released a preliminary report studying fiscal practices at the state-government level.
The president and Congress must reach a compromise that reconciles their disagreements before September 30, or else they will risk a partial government shutdown.
https://www.pgpf.org/analysis/comparing-the-congressional-and-presidential-budgets