Peterson Foundation Statement on the Passing of Alice Rivlin
Peterson Foundation Statement on the Passing of Alice Rivlin
NEW YORK — Michael A. Peterson, CEO of the Peter G. Peterson Foundation, issued the following statement today on the passing of Alice Rivlin:
“Alice was a pioneering leader, a committed public servant and a dedicated advocate for fiscal responsibility and sensible solutions. She applied her extraordinary command of the budget and economics to advance policies to put America on a positive, long-term path toward a brighter economic future. As the Founding Director of the Congressional Budget Office, Alice was instrumental in establishing one of the most important policy institutions in our nation’s history. She established the CBO as a critical element of truthful policymaking and fact-based analysis. Alice’s commitment to our long-term future and the example she set for responsible policymaking will endure as a lasting legacy. Her gracious spirit and many talents will be fondly remembered and deeply missed.”
Further Reading
The Fed Held Its Target Range After Reducing the Short-Term Rate Three Meetings in a Row
High interest rates on U.S. Treasury securities increase the federal government’s borrowing costs.
How Does the United States’ Fiscal Position Compare to Other Countries’?
The United States is in a poor fiscal condition compared to the rest of the world, according to the OECD.
The United States Collects Less Tax Revenue Than Other G7 Countries
The U.S. collects less tax revenues compared with other G7 countries, and that lower level of revenues is a key driver of the national debt.