An overwhelming majority of voters (91%) feel that a stable fiscal foundation will lead to growth; 8 in 10 say addressing the long-term debt will improve economic mobility and opportunity for all Americans.
Along with creating the nonpartisan Congressional Budget Office and the House and Senate budget committees, this important piece of legislation established the federal budget process still in use today.
The paper examines the close linkage between America's fiscal health and economic performance, specifically how addressing long-term fiscal challenges (like the national debt) can support growth and job creation.
A new report, prepared by the Center for Strategic and International Studies with support from the Peter G. Peterson Foundation, examines pension reform efforts in developed countries across the globe.
The Peterson Institute for International Economics just released a new collection of papers by independent economists exploring the consequences of sustained U.S. fiscal uncertainty on the national and global economy.