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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This panel convened voices from the private sector and academia to analyze the risk that high and rising debt poses to our economic future.
Gridlock "means ever rising debt as a share of GDP, the prospect of economic turmoil, and lower living standards than otherwise for our children and grandchildren," writes G. William Hoagland.
As the budget conference committee works towards a December 13th deadline, voters maintain a negative outlook on the country’s fiscal picture and call on policymakers to "spend more time" addressing the national debt.
https://www.pgpf.org/press-release/2013/11/fci-press-release
As we enter a new year, the Peter G. Peterson Foundation’s January Fiscal Confidence Index is 52 (100 is neutral), indicating voters’ ongoing concern about America's fiscal future.
https://www.pgpf.org/press-release/2015/01/fci-press-release
“Voters understand that ‘not touching’ Social Security is not an option because automatic cuts are unacceptable and waiting only makes the problem more costly and difficult to solve,” said Michael A. Peterson.
https://www.pgpf.org/press-release/2024/05/fci-press-release
NEW YORK — The Peter G. Peterson Foundation’s final Fiscal Confidence Index for 2013 shows that American voters hold deep concerns about the nation’s long-term fiscal health, continuing a consistent 12-month trend.
Americans continue to show high levels of concern about our nation's long-term debt, even as economic and near-term fiscal indicators show signs of improvement, according to the Peter G. Peterson Foundation’s latest Fiscal Confidence Index.
https://www.pgpf.org/press-release/2013/05/fci-press-release
“We all know we are already on a troubling fiscal path, but today’s CBO report shows us that our leaders are making things considerably worse," said Michael A. Peterson, CEO of the Peter G. Peterson Foundation.
“This report makes it painfully clear that our unsustainable fiscal challenges have now been accelerated. The sad truth is that our national debt now equals the size of our entire economy,” said Michael A. Peterson, CEO of the Peter G. Peterson Foundation.
https://www.pgpf.org/press-release/2020/09/peterson-statement-on-cbo-report
The Peterson Foundation’s 2012 Fiscal Summit features the nation’s leading experts and elected officials in discussions about the fiscal, economic, and political crossroads facing the country.
https://www.pgpf.org/press-release/2012/05/peterson-foundation-to-convene-3rd-annual-fiscal-summit