Peterson Foundation Statement on Fiscal Commission Legislation
“It’s very encouraging to see bipartisan, bicameral support for a fiscal commission to recommend solutions to our $33 trillion and growing national debt."
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“It’s very encouraging to see bipartisan, bicameral support for a fiscal commission to recommend solutions to our $33 trillion and growing national debt."
Tax expenditures can come in the form of exclusions, exemptions, deductions, and credits.
They are burdened by record student debt. They are entering the workforce during a time of unprecedented economic uncertainty, in a nation with crumbling infrastructure, a climate in crisis, and rising inequality.
As Washington faces closely divided government, the nonpartisan Peter G. Peterson Foundation is convening respected policy experts to help break the gridlock. This set of eight new essays highlights a range of ideas on how to make progress on key fiscal and economic goals. The authors include leaders from across the political spectrum, offering historical context and practical advice to help lawmakers rise above the politics to make bipartisan progress.
https://www.pgpf.org/expert-views/bipartisan-policymaking-under-divided-government
Many factors contribute to the long-term outlook for the U.S. economy and budget, but there are two major drivers of spending: demographics and rising healthcare costs.
https://www.pgpf.org/the-fiscal-and-economic-challenge/drivers
"Too often in recent years, Washington has largely governed by crisis. No area better reflects the pressure of constant crisis than the federal budget," writes Leon E. Panetta
"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
Learn about what types of initiatives and programs are eligible for grants from the Peter G. Peterson Foundation.
https://www.pgpf.org/what-we-are-doing/grants/eligibility-requirements-for-grants
Although the debt affects each of us, it may be difficult to put such a large number into perspective and fully understand its implications.
https://www.pgpf.org/infographic/the-national-debt-is-now-more-than-34-trillion-what-does-that-mean
There are numerous viable options to preserve the retirement system, including Social Security, in a fiscally sustainable way that gives families adequate time to plan and strengthens support for those who need it the most.