Peter G. Peterson on His Participation in the Giving Pledge

FOR RELEASE

Aug 4, 2010

CONTACT

“The cause of my life is to help ensure that future generations — our children and grandchildren — have access to the same opportunities that I have had. I’ve been very lucky in my life as the son of poor immigrants; I’ve had more success than I could have imagined. In 2007, I decided to commit a billion dollars to the Peter G. Peterson Foundation to address fiscal challenges I believe are undeniable, unsustainable, and politically speaking, untouchable. I set up this foundation to try to make a difference for all of us but particularly our children, so that generations to come can realize the American dream as I did.”

Further Reading

Spending on Veterans in the Budget

Federal spending for veterans has increased relatively sharply in the past two decades as scores of veterans returned home from extended wars in Iraq and Afghanistan.

U.S. Capitol Building

What Is a Continuing Resolution?

A continuing resolution is a temporary funding measure that Congress can use to fund the federal government for a limited amount of time.