Peterson Foundation Statement on Temporary End to Shutdown
Peterson Foundation Statement on Temporary End to Shutdown
NEW YORK — Michael A. Peterson, CEO of the Peter G. Peterson Foundation, commented today in response to the President’s announcement that he will agree to temporarily re-open the government after a 35-day partial shutdown:
“This shutdown has negatively affected the lives of millions of Americans, disrupted essential government services, and unnecessarily harmed the economy.
“Temporarily re-opening the government will alleviate pressure in the short term, but lawmakers must find a lasting solution that moves our nation past this unfortunate episode. American families shouldn’t have to keep worrying about whether or not their next paycheck will arrive.
“Furthermore, our leaders need to move past gridlock and partisanship to focus on solutions to America’s serious and unsustainable long-term fiscal and economic challenges.”
Further Reading
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Budget Basics: How Does Social Security Work?
Social Security is the largest single program in the federal budget and typically makes up one-fifth of total federal spending.
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Tax breaks totaled over $2.0 trillion in 2025. That’s more than the government spends on Social Security, defense, or Medicare and Medicaid.