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Michael A. Peterson, President and CEO of the Peter G. Peterson Foundation, commented today after the White House released the outline of President Trump’s tax plan.
https://www.pgpf.org/press-release/2017/04/statement-on-administrations-tax-plan
"Today’s CBO report confirms that the era of declining deficits is over," according to Michael A. Peterson, President and CEO of the Peter G. Peterson Foundation.
CBO projects that federal debt will climb to 141 percent of GDP within 30 years — exceeding the highest level of debt ever recorded at the end of World War II by a large margin.
The legislation is fiscally irresponsible and will add significantly to America's national debt.
https://www.pgpf.org/analysis/congress-passes-costly-and-unfunded-tax-legislation
A majority of Democrats and Republicans would support policies they disagree with to achieve a long-term fiscal solution.
https://www.pgpf.org/infographic/infographic-post-shutdown-poll
Over the coming weeks and months, Congress and the President have a window of opportunity. Let's take a look at the fiscal calendar ahead.
https://www.pgpf.org/infographic/infographic-a-window-of-opportunity
While there is disagreement on specific remedies, there is broad consensus that our current tax code is broken.
https://www.pgpf.org/analysis/2013-fall-fiscal-agenda-%E2%80%94-tax-reform
As Congress returns from their break, here are the issues and key points to keep in mind this fall.
https://www.pgpf.org/infographic/infographic-welcome-back-congress
Our fiscal goal must be to stabilize the debt as a share of the economy, and put it on a downward path for the longer term.
https://www.pgpf.org/analysis/addressing-our-debt-a-national-security-imperative
During the 2012 presidential debates, voters concerned with our nation's growing debt and deficits must listen closely for how the candidates' foreign policy plans will influence America's long-term fiscal path and national security.
https://www.pgpf.org/analysis/2012/10/how-does-our-debt-affect-americas-foreign-policy
