Press Releases & Statements
Sep 12, 2017
Principles for Tax Reform to Grow the Economy, Not the Debt
Fiscally responsible tax reform essential to America’s economic growth and long-term prosperity
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Analysis
Aug 31, 2017
The Macroeconomic Gains from Stabilizing and Reducing Federal Debt
By making gradual changes to federal spending and revenue, lawmakers can not only stabilize our fiscal outlook, but provide long-run economic benefits for American families (in terms of real GNP growth) without inflicting undue damage on the U.S. economy in the near term.
Press Releases & Statements
Sep 19, 2017
Peterson Foundation Statement on Reports of Fiscally Irresponsible Senate Budget Resolution
"Reaching $20 trillion in debt should be a wake-up call to solve our fiscal challenges, not an invitation to add to the problem," said Michael A. Peterson, President and CEO of the Peter G. Peterson Foundation.
Analysis
Sep 13, 2017
The Tax Reform Tradeoff: Eliminating Tax Expenditures, Reducing Rates
The paper puts real numbers behind different scenarios for a structure for tax reform: eliminating income tax expenditures to enable lower tax rates.
Blog Posts
Apr 28, 2017
The Fiscal Month in Review: Resurrection of the AHCA, Broad Strokes on Taxes
As the Trump administration marks the 100 day milestone, a number of pressing fiscal issues remain to be resolved.
Blog Posts
Sep 6, 2017
How the Lack of Action on the Debt Limit Can Hurt the Economy
Even if Congress raises the debt limit and avoids default, last-minute brinksmanship alone has the potential to create economic damage.
https://www.pgpf.org/blog/2017/09/how-the-lack-of-action-on-the-debt-limit-can-hurt-the-economy
Explainers
Jul 20, 2017
What is the Budget Window?
While a 10-year window is currently the standard, the number of years covered by budget resolutions has varied.
Explainers
Jul 20, 2017
What is Sequestration?
Sequestration was designed to be a blunt instrument, whose arbitrary effects would be so undesirable that they would compel policymakers to reach compromise on budget legislation rather than allow the cuts to go into effect.
Blog Posts
Dec 20, 2017
Why You Should Care that 2017 Tax Cuts Will Add to the National Debt
Piling on more debt can harm our economy by crowding out private investment, reducing our fiscal flexibility, increasing the risk of a sharp jump in interest rates, and lowering confidence and certainty.
https://www.pgpf.org/blog/2017/11/why-you-should-care-that-tax-cuts-add-to-the-national-debt
Press Releases & Statements
May 23, 2017
2017 Fiscal Summit Press Release
“Addressing our nation’s unprecedented and unsustainable debt is critical to securing a strong, growing economy of the future,” said Pete Peterson, Founder and Chairman of the Peter G. Peterson Foundation.
https://www.pgpf.org/press-release/2017/05/2017-fiscal-summit-press-release