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Peterson Foundation Statement on 2018 Deficit of $779 Billion

“As troubling as this year’s deficit is, it’s just the beginning of large and growing deficits as far as the eye can see," Michael A. Peterson, Chairman and CEO of the Peter G. Peterson Foundation, said.


READ MORE October 15, 2018
Peterson Foundation Statement on Tax Cuts 2.0

"Tax Cuts 2.0 is a fitting name, because this bill would add more than $2.0 trillion to our national debt over 10 years once it kicks in," Michael A. Peterson, Chairman and CEO of the Peter G. Peterson Foundation, said.


READ MORE September 28, 2018
Fiscal Confidence Index Results for September 2018; FCI Value: 61

“With the election six weeks away, the growing national debt is on the minds of American voters,” said Michael A. Peterson, Chairman and CEO of the Peter G. Peterson Foundation.


READ MORE September 25, 2018
Fiscal Lessons Ten Years after Financial Crisis

“Now that our economy has significantly recovered, it is the perfect time to begin a process to get our fiscal house in order," said Michael A. Peterson, Chairman and CEO of the Peter G. Peterson Foundation.


READ MORE September 14, 2018
Peterson Foundation Statement on New Round of Tax Cuts

“Another round of tax cuts financed with borrowed money is doubling down on fiscal irresponsibility," said Michael A. Peterson, Chairman and CEO of the Peter G. Peterson Foundation.


READ MORE September 10, 2018
Fiscal Confidence Index Results for August 2018; FCI Value: 59

“As lawmakers address funding the budget and avoiding a government shutdown, Americans believe that our nation’s fiscal outlook is a critical priority,” said Michael A. Peterson, Chairman and CEO of the Peter G. Peterson Foundation.


READ MORE August 28, 2018
Peterson Foundation Launches Election Toolkit

As Election Day approaches, the Peter G. Peterson Foundation is delivering a non-partisan Election Fiscal Toolkit to all U.S. House and Senate candidates, encouraging a critically important conversation about how to solve America’s fiscal challenges.


READ MORE August 23, 2018
Peterson Foundation and Ford Foundation Announce Grants for US 2050 Initiative

The Peter G. Peterson Foundation and the Ford Foundation today announced $1.5 million in grant awards for US 2050, a unique research initiative examining the multiple demographic, economic, societal, and fiscal trends shaping America in the decades ahead.


READ MORE August 20, 2018
New CBO Analysis: Tax and Spending Extensions Would Make Outlook Worse

“This new CBO report shows just how much more dangerous the future looks if these tax cuts and spending increases are allowed to continue," said Michael A. Peterson, Chairman and CEO of the Peter G. Peterson Foundation.


READ MORE August 8, 2018
Fiscal Confidence Index Results for July 2018; FCI Value: 54

“Less than 100 days from election day, Americans across ages and party lines agree that the national debt should be a priority issue,” said Michael A. Peterson, Chairman and CEO of the Peter G. Peterson Foundation.


READ MORE July 31, 2018
Peterson Foundation: More Debt is the Last Thing America Needs

“Lawmakers should absolutely take a second look at tax policy, not to extend the irresponsibility, but to implement reforms that actually improve our fiscal situation," said Michael A. Peterson, Chairman and CEO of the Peter G. Peterson Foundation.


READ MORE July 24, 2018
Fiscal Confidence Index Results for June 2018; FCI Value: 55

“Voters are making the connection between recent tax and spending legislation and our rapidly growing national debt and deficits,” said Michael A. Peterson, Chairman and CEO of the Peter G. Peterson Foundation.


READ MORE June 28, 2018
CBO Report Should Motivate Lawmakers to Take Action on Debt

“CBO’s report is filled with sobering projections that should be an urgent wakeup call for the Administration and Congress," said Michael A. Peterson, President and CEO of the Peter G. Peterson Foundation.


READ MORE June 26, 2018
Trustees Reports Show Social Security, Medicare on Path to Insolvency

“These reports drive home the urgent need to ensure that the critical Medicare and Social Security programs are sustainable into the future," said Michael A. Peterson, President and CEO of the Peter G. Peterson Foundation.


READ MORE June 5, 2018
Fiscal Confidence Index Results for May 2018; FCI Value: 51

“Voters continue to be concerned about our rising national debt, and rightly so,” said Michael A. Peterson, Chairman and CEO of the Peter G. Peterson Foundation.


READ MORE May 30, 2018
CBO Analysis Shows President Trump’s Budget Fails to Stabilize National Debt

“We’re clearly heading in the wrong direction, and it’s unfortunate that our leaders are not putting forward credible plans to improve our fiscal foundation," said Michael A. Peterson, President and CEO of the Peter G. Peterson Foundation.


READ MORE May 24, 2018
2018 Fiscal Summit Press Release

“Debt matters because our fiscal irresponsibility threatens the economic future of every American,” said Michael Peterson, Chairman and CEO of the Peter G. Peterson Foundation.


READ MORE May 10, 2018
2018 Up to Us Winner: State University Of New York at Old Westbury
The team will receive a $10,000 cash prize and meet with legislators on Capitol Hill to share their concerns about America’s looming fiscal challenges.
READ MORE May 8, 2018
2018 Fiscal Summit Media Advisory
As campaigns for the 2018 midterm elections get underway within a rapidly changing policy environment, America’s unsustainable fiscal condition remains a transcendent threat to our collective future.
READ MORE May 1, 2018
Fiscal Confidence Index Results for April 2018; FCI Value: 47

After the national debt eclipsed $21 trillion for the first time in March, voters remain deeply troubled by the country’s fiscal situation.


READ MORE April 24, 2018
Statement on Budget Process Reform Principles as Joint Select Committee Holds First Hearing
“Our country is on an unsustainable fiscal path, and reforming our broken budget process can be an important part of improving our fiscal future," said Michael A. Peterson, President and CEO of the Peter G. Peterson Foundation.
READ MORE April 17, 2018
CBO 10-year Outlook: Report Shows Real Damage Done to Fiscal Outlook
“Today’s CBO report confirms that major damage was done to our fiscal outlook in just the past few months," said Michael A. Peterson, President and CEO of the Peter G. Peterson Foundation.
READ MORE April 9, 2018
Statement on Passing of Peter G. Peterson

We are deeply saddened by the loss of our Founder and Chairman, Peter G. Peterson, who worked tirelessly to secure the American Dream for future generations.


READ MORE March 20, 2018
Peterson Foundation on National Debt Surpassing $21T

“Our mounting debt threatens economic growth, reduces our flexibility to deal with future crises, and diminishes America’s role in the world.," said Michael A. Peterson, President and CEO of the Peter G. Peterson Foundation.


READ MORE March 16, 2018
Peterson Foundation Statement on Initial Meeting of New Joint Select Committee on Budget Process

“This committee has an important opportunity to improve the budget process in a way that will help encourage fiscally responsible policymaking," said Michael A. Peterson, President and CEO of the Peter G. Peterson Foundation.


READ MORE March 8, 2018
Fiscal Confidence Index Results for February 2018; FCI Value: 46

Americans’ fiscal confidence is at its lowest point since August 2015, according to the Peter G. Peterson Foundation’s February Fiscal Confidence Index.


READ MORE February 27, 2018
Peterson Foundation Statement on President’s Budget

“Today’s budget represents a dramatically worse outlook than what was released just last May," said Michael A. Peterson, President and CEO of the Peter G. Peterson Foundation.


READ MORE February 12, 2018
Peterson Foundation Statement on Budget Deal

“After adding trillions to our national debt in last year’s irresponsible tax bill, our leaders are now adding another $300 billion in deficits over just the next two years," said Michael A. Peterson, President and CEO of the Peter G. Peterson Foundation.


READ MORE February 7, 2018
Peterson Foundation Statement on State of the Union Address

“In order to truly help our economy, infrastructure investments must be paid for, because adding more debt hurts our economy," said Michael A. Peterson, President and CEO of the Peter G. Peterson Foundation.


READ MORE January 30, 2018
Fiscal Confidence Index Results for January 2018; FCI Value: 51

The survey finds that voters across party lines are calling for the President to put forward plans to reduce the national debt.


READ MORE January 29, 2018
Peterson Foundation Statement on End to Government Shutdown

“Piecemeal budgeting is a form of fiscal irresponsibility because it injects uncertainty and unpredictability into our economy," said Michael A. Peterson, President and CEO of the Peter G. Peterson Foundation.


READ MORE January 22, 2018
Fiscal Confidence Index Results for December 2017; FCI Value: 51

As 2018 begins, Americans remain deeply concerned about the national debt.


READ MORE January 3, 2018

Why Fiscal Issues Matter in the 2018 Election

This election season is a critical opportunity for candidates to talk to voters about solutions to put us on a better path.

FISCAL ISSUES ILLUSTRATED

This series of infographics helps put some of today's most pressing fiscal debates in context.