Statement from Foundation Chairman, Pete Peterson, on House Speaker Boehner’s Comments

FOR RELEASE

Nov 7, 2012

CONTACT


Peter G. Peterson Foundation press@pgpf.org

“We applaud Speaker Boehner’s statement that congressional Republicans are willing to accept new revenues as part of a comprehensive fiscal plan. We are also pleased that President Obama has reached out to congressional leaders on both sides of the aisle. These are encouraging signs that the President and Congress may be moving toward compromise.

There is widespread agreement across the ideological spectrum about the dangers posed by the fiscal cliff, which looms just 54 days away. Our elected leaders should turn the fiscal cliff into a key moment of opportunity to bring the nation together to solve our long-term fiscal challenges.”

Further Reading

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What Are Refundable Tax Credits?

The cost of refundable tax credits has grown over the past several years, with the number and budgetary impact of the credits increasing.