On the heels of a new Congressional Budget Office (CBO) report showing the return of trillion-dollar deficits by 2020, Americans remain deeply concerned about the nation’s fiscal outlook.

“Although modest progress has been made on short-term fiscal issues, the CBO outlook shows us that the nation has by no means solved its debt problem.”

Whether it’s 2014 appropriations, the debt ceiling, dealing with the threat of sequestration, or tackling tax reform, there’s no shortage of critical issues that affect our fiscal future.

“It’s encouraging to hear that the President and Congressional leaders will be meeting next week to discuss the urgent fiscal issues facing the country.”

The Peterson Foundation convened some of the country’s most influential voices on fiscal and economic issues at a forum in Washington D.C.: Post-Election: The Fiscal Cliff and Beyond.

From Jefferson’s time to our own, Americans have risen to the occasion and met every challenge. But it will take leadership and commitment.

The Co-Chairs of the President’s National Commission on Fiscal Responsibility and Reform, Erskine Bowles and Alan Simpson, released a draft of their recommendations for deficit reduction and debt stabilization on November 10, 2010.

‎”While near-term deficits are lower, our long-term debt is still on an unsustainable path that damages our economy, today and in the future.”