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Peterson Foundation Statement on the National Debt Surpassing $23 Trillion
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November 1, 2019
“Reaching $23 trillion in debt on Halloween is a scary milestone for our economy and the next generation, but Washington shows no fear," said Michael A. Peterson, CEO of the Peter G. Peterson Foundation.
As Deficits Widen to a 7-Year High, Americans Urge Leaders to Start Managing the Debt
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October 29, 2019
“Last year's deficit was nearly $1 trillion and it’s on track to continue to grow rapidly, so voters are rightfully concerned about what our fiscal outlook means for our future,” said Michael A. Peterson, CEO of the Peterson Foundation.
Peterson: Path of Trillion-Dollar Deficits Means Diminishing Resources, Opportunity and Quality of Life
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October 25, 2019
“If we stay on this path, we’ll leave our kids and grandkids with diminished resources, opportunity and quality of life," said Michael A. Peterson, CEO of the Peter G. Peterson Foundation.
Peterson Foundation Launches National Debt Clocks in Cities Across America
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September 30, 2019
Continuously updated billboards put a spotlight on $22 trillion national debt as part of 2020 campaign conversation.
While Deficits Rise and Lawmakers Delay Action, Americans Call for Renewed Focus on Nation’s Fiscal Health
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September 24, 2019
As another fiscal year of budget uncertainty and rising deficits comes to an end , the vast majority of Americans want the president and Congress to address the national debt.
Amid Worsening Deficit Outlook, Americans Increasingly Concerned About Nation’s Future
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August 27, 2019
“Voters across party lines want fiscal leadership from their elected officials, in order to better manage the national debt and put America on a stronger economic course for the future,” said Michael A. Peterson, CEO of the Peterson Foundation.
Peterson: New CBO Report Shows Fiscal Damage from Budget Deal
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August 21, 2019
“We all know we are already on a troubling fiscal path, but today’s CBO report shows us that our leaders are making things considerably worse," said Michael A. Peterson, CEO of the Peter G. Peterson Foundation.
As Leaders in Washington Add to the National Debt, Voter Concern about America’s Fiscal Health Rises
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July 30, 2019
While Congress and the President move forward on a budget deal that will add $1.7 trillion to the debt over the next 10 years, voters across party lines are increasingly concerned about the nation’s finances.
Peterson Foundation: Budget ‘Compromise’ Ignores Next Generation
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July 25, 2019
“This deal ignores our large and growing fiscal imbalances and is a step in the wrong direction for our economy." said Michael A. Peterson, CEO of the Peter G. Peterson Foundation.
Peterson Foundation Statement on OMB Mid-Session Review
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July 15, 2019
“The administration projects that the deficit is on track to hit $1 trillion this year, even though we are in a strong economy and low interest rate environment," said Michael A. Peterson, CEO of the Peter G. Peterson Foundation.
Voters Want Renewed Focus on the National Debt As Lawmakers Consider Costly New Tax and Spending Proposals
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June 26, 2019
As lawmakers consider a range of costly new tax and spending proposals, voters across party lines are urging their leaders to prioritize the nation’s high and rising debt.
Peterson: New CBO Report a Reality Check for Lawmakers
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June 25, 2019
“As America’s leaders consider costly new spending proposals and tax cuts, today’s CBO report is a timely reality check," Michael A. Peterson, CEO of the Peter G. Peterson Foundation
Seven Leading Think Tanks Put Forward Plans to Significantly Reduce Nation’s Debt
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June 12, 2019
Peterson Foundation’s ‘Solutions Initiative’ Produces Policy Options to Build Stronger Fiscal Future for America.
2019 Up to Us Winner: Michigan's Oakland University
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June 11, 2019
Oakland University’s innovative ‘Fiscally Fit’ campaign to engage students on the nation’s $22 trillion-and-growing debt stood out among more than 100 campus teams nationwide
2019 Fiscal Summit Press Release
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June 11, 2019
10th annual Fiscal Summit includes Speaker Nancy Pelosi, White House Acting Chief of Staff Mick Mulvaney, House Budget Chairman John Yarmuth, Ways and Means Ranking Member Kevin Brady, New CBO Director Phillip Swagel and other leading policy voices from across the political spectrum
Bipartisan Majorities of Americans Call on Leaders to Focus on Nation’s Fiscal Outlook
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May 29, 2019
“Our nation faces a range of critical challenges, but Americans understand that managing the debt is a key part of building America’s future,” said Michael A. Peterson, CEO of the Peterson Foundation.
Peterson Foundation Statement on the Passing of Alice Rivlin
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May 14, 2019
“Alice was a pioneering leader, a committed public servant and a dedicated advocate for fiscal responsibility and sensible solutions,” Michael A. Peterson, CEO of the Peter G. Peterson Foundation
Peterson Foundation: New CBO Report Shows Unsustainable Path Forward
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May 2, 2019
“Today’s CBO report demonstrates America’s dangerous and irresponsible fiscal path. Deficits will soon reach $1 trillion annually and grow from there, with no end in sight or plan for the future," Michael A. Peterson, CEO of the Peter G. Peterson Foundation
In Growing Economy, Voters See Critical Opportunity to Regain Control of the Budget, Future
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April 30, 2019
“The economy is growing, but so is the federal deficit, and that’s highly unusual.” said Michael A. Peterson, CEO of the Peterson Foundation.
Peterson Foundation on Social Security, Medicare Trustees Reports: Doing Nothing Today Means Cuts Tomorrow
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April 22, 2019
The latest trustees reports make clear that Social Security and Medicare beneficiaries face substantial cuts in the near future unless policymakers take action to make these vital programs solvent.
Voters Across Party Lines Hold Serious Concerns About Nation’s Fiscal Condition as U.S. Debt Continues To Rise
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March 26, 2019
“The vast majority of Americans across party lines continue to urge national leaders to manage the debt,” said Michael A. Peterson, CEO of the Peterson Foundation.
Peterson on February Deficit: The Definition of Unsustainable
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March 22, 2019
Michael A. Peterson, CEO of the Peter G. Peterson Foundation, commented today following the release of the Monthly Treasury Statement, which showed a deficit of $234 billion.
US 2050 Conference Explores Trends that Will Shape America’s Future
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March 22, 2019
Unique Research Project from Peterson Foundation and Ford Foundation Convenes Authors of 31 New Papers Exploring America’s Most Significant Long-Term Challenges
Peterson Foundation Statement on President’s Budget
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March 11, 2019
“Today’s proposal marks the beginning of the budget process, and it’s clear that there’s more work to do,” said Michael A. Peterson, CEO of the Peterson Foundation.
As National Debt Reaches $22 Trillion, Voters Are Deeply Concerned about America’s Fiscal Outlook
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February 26, 2019
“The vast majority of Americans across party lines, including younger voters, are calling on the President and Congress to take action on our national debt,” said Michael A. Peterson, CEO of the Peterson Foundation.
Peterson Foundation Statement on National Debt Reaching $22 Trillion
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February 12, 2019
“Reaching this unfortunate milestone so rapidly is the latest sign that our fiscal situation is not only unsustainable, but accelerating," Michael A. Peterson, CEO of the Peter G. Peterson Foundation, said.
Peterson: State of the Union Address Must Acknowledge Dangerous Fiscal Outlook
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February 5, 2019
“No review of the state of our union is complete without acknowledging our nation’s high and rising debt," Michael A. Peterson, CEO of the Peter G. Peterson Foundation, said.
Record Drop in Americans’ Fiscal Confidence Amid Shutdown Battle and Partisan Gridlock
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January 29, 2019
“Washington’s failure to address the national debt and critical budgetary issues has a direct negative effect on Americans’ confidence,” said Michael A. Peterson, CEO of the Peterson Foundation.
Peterson Foundation: CBO Confirms Dangerous Fiscal Path
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January 28, 2019
“CBO has once again provided clear evidence that we must do something about America’s dangerous fiscal situation," Michael A. Peterson, CEO of the Peter G. Peterson Foundation, said.
Peterson Foundation Statement on Temporary End to Shutdown
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January 25, 2019
“This shutdown has negatively affected the lives of millions of Americans, disrupted essential government services, and unnecessarily harmed the economy." Michael A. Peterson, CEO of the Peter G. Peterson Foundation, said.
Peterson Foundation Statement on House Rules Package and Return to PAYGO
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January 4, 2019
“This new rules package includes important reforms that can help encourage fiscal responsibility." Michael A. Peterson, CEO of the Peter G. Peterson Foundation, said.
Vast Majority of Americans Urge President and New Congress to Make Nation’s Fiscal Challenges a Top Priority
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January 3, 2019
With a new Congress set to convene in the midst of a costly government shutdown, Americans hold deep concerns and a widespread belief that the country is moving in the wrong direction when it comes to the national debt.