Statement from Peterson Foundation Upon Senate Passage of the Bipartisan Budget Act of 2013
Statement from Peterson Foundation Upon Senate Passage of the Bipartisan Budget Act of 2013
NEW YORK — Michael A. Peterson, President and COO of the Peter G. Peterson Foundation, released the following statement today following Senate approval of the Bipartisan Budget Act of 2013:
“This budget deal doesn’t address the real drivers of our long-term debt, but it establishes a foundation for continued bipartisan collaboration. Congress and the President should build on this first step by working together in 2014 on the key fiscal and economic issues we face. Putting our nation on a stable long-term fiscal path is essential to growing our economy now, and providing prosperity and security for future generations of Americans.”
Further Reading
How Does Student Debt Affect the Economy?
As overall student debt has grown over the past decade, it is apparent that such borrowing can place a financial burden on households.
How Does the Federal Government Subsidize Healthcare Under the ACA — and What Does It Cost?
In 2025, the expansions of the premium tax credit under the Affordable Care Act will expire, and lawmakers will have to decide whether to extend them.
Income and Wealth in the United States: An Overview of Recent Data
Income levels for Americans vary across geography, race, and gender.