NEW YORK — Michael A. Peterson, CEO of the Peter G. Peterson Foundation, issued the following statement today on the passing of Alice Rivlin:

“Alice was a pioneering leader, a committed public servant and a dedicated advocate for fiscal responsibility and sensible solutions. She applied her extraordinary command of the budget and economics to advance policies to put America on a positive, long-term path toward a brighter economic future. As the Founding Director of the Congressional Budget Office, Alice was instrumental in establishing one of the most important policy institutions in our nation’s history. She established the CBO as a critical element of truthful policymaking and fact-based analysis. Alice’s commitment to our long-term future and the example she set for responsible policymaking will endure as a lasting legacy. Her gracious spirit and many talents will be fondly remembered and deeply missed.”