Nation’s Lawmakers, Policy Experts and Thought Leaders to Come Together in Washington on May 25 to Discuss Bipartisan Solutions to America’s Long-Term Debt and Deficits

Participants in Peter G. Peterson Foundation’s Second Annual Fiscal Summit to Include President Bill Clinton, Members of the U.S. Senate, National Economic Council Director Gene Sperling, Congressman Paul Ryan, Governor Mitch Daniels, and National Fiscal Commission Co-Chair Alan Simpson

NEW YORK (May 3, 2011) — On Wednesday, May 25, 2011, senior Administration officials, policy experts and Democratic and Republican elected leaders will come together in Washington to discuss solutions to the nation’s fiscal challenges at the 2011 Fiscal Summit: Solutions for America’s Future, convened by the Peter G. Peterson Foundation.  As the nation confronts critical choices about how to address our long-term debt and deficits, the Foundation’s second annual Summit will bring together hundreds of stakeholders from across the ideological spectrum to discuss proposals to be presented by leading policy organizations and explore concrete, bipartisan solutions.

Participants include keynote speaker President Bill Clinton; Members of the Congress working on fiscal issues including Senators Saxby Chambliss (R-GA), Kent Conrad (D-N.D.), Mike Crapo (R-ID), Dick Durbin (D-IL),  and Mark Warner (D-VA)  and Congressman Paul Ryan (R-WI); National Economic Council Director Gene Sperling; Governor Mitch Daniels, Co-Chair of the National Commission on Fiscal Responsibility and Reform Alan Simpson, and Foundation Chairman Pete Peterson and Vice Chairman Michael Peterson.

At last year’s Summit, participants agreed on the need to take action on the nation’s long-term debt and deficits. With increased consensus that our country’s fiscal situation is unsustainable, this year’s Summit will bring together stakeholders from across the political spectrum to discuss a range of concrete, comprehensive solutions.

The American Enterprise Institute, Bipartisan Policy Center, Center for American Progress, Economic Policy Institute, Heritage Foundation and Roosevelt Institute Campus Network will present and discuss their own proposed packages of solutions for achieving long-term fiscal sustainability at the Summit. These leading policy organizations, representing diverse perspectives, received grants from the Peter G. Peterson Foundation to develop comprehensive plans to address the nation’s projected long-term debt and deficits.

The 2011 Fiscal Summit will be viewable on the Internet.

About the Peter G. Peterson Foundation
The Peter G. Peterson Foundation is a nonprofit, nonpartisan organization established by Pete Peterson – businessman, philanthropist, and former U.S. Secretary of Commerce.  The Foundation is dedicated to increasing public awareness of the nature and urgency of key long-term fiscal challenges threatening America's future and to accelerating action on them. To address these challenges successfully, we work to bring Americans together to find and implement sensible, long-term solutions that transcend age, party lines and ideological divides in order to achieve real results. To learn more, please visit www.PGPF.org .