Peterson Foundation Statement on Bipartisan Infrastructure Legislation
Peterson Foundation Statement on Bipartisan Infrastructure Legislation
NEW YORK — Michael A. Peterson, CEO of the Peter G. Peterson Foundation, commented today as bipartisan infrastructure legislation moved forward in the U.S. Senate:
“It is encouraging that leaders in the U.S. Senate have reached an historic bipartisan agreement to invest in national infrastructure. The ability to work across the aisle to find common ground is an essential part of a functional democracy, and it’s been all too rare in recent years. The fact that lawmakers are pursuing ways to pay for their priorities is also an important recognition of our nation’s unsustainable fiscal outlook, and Congress and the administration should ensure that this new spending is fully funded with transparent, credible offsets.”
# # #
Further Reading
The Debt Ceiling Will Be Reinstated on January 1 — Here’s What’s at Stake
One of the first, and most consequential, decisions facing newly elected lawmakers will be what to do with the debt ceiling.
How Does Student Debt Affect the Economy?
As overall student debt has grown over the past decade, it is apparent that such borrowing can place a financial burden on households.
How Does the Federal Government Subsidize Healthcare Under the ACA — and What Does It Cost?
In 2025, the expansions of the premium tax credit under the Affordable Care Act will expire, and lawmakers will have to decide whether to extend them.