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PGPF Solutions Initiative plans from five think tanks show declining federal debt through 2037.
PGPF Solutions Initiative III plans from five think tanks show declining federal debt through 2039.
Peter G. Peterson pens an op-ed for USA Today.
America’s young people have the most to gain — and the most at stake — in how we address our pressing fiscal policy challenges.
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.
"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.
"The national debt is a primary topic for tonight’s debate — and for good reason," said Michael A. Peterson, President and CEO of the Peter G. Peterson Foundation. "For the first year since 2009, deficits as a share of GDP are on the rise again and our long-term outlook remains dangerously unsustainable."
“As a new president and Congress take office, one thing hasn’t changed: our nation’s fiscal outlook remains unsustainable," Michael A. Peterson, President and CEO of the Peter G. Peterson Foundation, said in response to the Congressional Budget Office's Budget and Economic Outlook update.
"As our leaders consider reforms in key areas such as healthcare and tax reform, we must enact policies that also improve our nation’s fiscal outlook. Looking ahead, the President and Congress have the opportunity to work together to stabilize our debt and provide a strong foundation for economic growth," said Michael A. Peterson, President and CEO of the Peter G. Peterson Foundation.