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Dangers of Debt: How Our Fiscal Outlook Threatens The Economy
This panel convened voices from the private sector and academia to analyze the risk that high and rising debt poses to our economic future.
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Press Releases & Statements
Mar 23, 2020
Peterson Foundation Statement on Fiscal Response to the Coronavirus
“The coronavirus outbreak is an unprecedented national emergency, and we need to respond aggressively to address both the public health crisis and the economic risk,” said Michael A. Peterson, CEO of the Peter G. Peterson Foundation.
Press Releases & Statements
Feb 4, 2020
Peterson Foundation Statement Ahead of President’s State of the Union Address
“By any measure, the state of the Union’s fiscal outlook is unsustainable, and getting worse,” said Michael A. Peterson, CEO of the Peter G. Peterson Foundation.
Analysis
May 1, 2019
Social Security and Medicare Trustees Reports
Every year the Social Security and Medicare Boards of Trustees issue reports on the fiscal health of these vital programs.
https://www.pgpf.org/analysis/social-security-medicare-trustees-reports
Analysis
Apr 30, 2019
Trustees Warn: Social Security’s Total Costs Next Year to Exceed Income for First Time Since 1982
The report anticipates that in 2020 — for the first time since 1982 — the program’s total costs will exceed its total income.
Press Releases & Statements
Apr 22, 2019
Peterson Foundation on Social Security, Medicare Trustees Reports: Doing Nothing Today Means Cuts Tomorrow
The latest trustees reports make clear that Social Security and Medicare beneficiaries face substantial cuts in the near future unless policymakers take action to make these vital programs solvent.
Press Releases & Statements
Aug 8, 2018
New CBO Analysis: Tax and Spending Extensions Would Make Outlook Worse
“This new CBO report shows just how much more dangerous the future looks if these tax cuts and spending increases are allowed to continue," said Michael A. Peterson, Chairman and CEO of the Peter G. Peterson Foundation.
Analysis
Jul 9, 2018
Trustees Warn: Social Security’s Total Costs to Exceed Income for First Time Since 1982
The report projects that in 2018 — for the first time since 1982 — the program’s total costs will exceed its total income.
Press Releases & Statements
Jun 26, 2018
CBO Report Should Motivate Lawmakers to Take Action on Debt
“CBO’s report is filled with sobering projections that should be an urgent wakeup call for the Administration and Congress," said Michael A. Peterson, President and CEO of the Peter G. Peterson Foundation.
Press Releases & Statements
Jun 5, 2018
Trustees Reports Show Social Security, Medicare on Path to Insolvency
“These reports drive home the urgent need to ensure that the critical Medicare and Social Security programs are sustainable into the future," said Michael A. Peterson, President and CEO of the Peter G. Peterson Foundation.