Statement from Foundation President & COO Michael A. Peterson on This Week's Release of House and Senate Budget Proposals

The release of the Murray and Ryan budget proposals this week is a potential turning point in the debate about America’s fiscal and economic future.

"Our elected leaders should use this moment in time to begin a more serious discussion about a budget agreement. Despite the recent series of brinksmanship and fiscal deadlines, both sides continue to have the opportunity to agree on a comprehensive plan that achieves the goal of any sustainable fiscal policy by stabilizing the debt and putting it on a downward path for the long term.

"Any politically successful and sustainable plan will have to incorporate ideas from both parties. Our leaders should take this opportunity to strengthen our economy by bringing clarity and certainty to America’s long-term fiscal outlook."