Programs & Projects
Mar 1, 2012
The Stakes
Establishing a framework for long-term fiscal sustainability will narrow the gap between federal revenues and spending, and, by doing so, improve prospects for economic growth.
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Press Releases & Statements
Sep 19, 2011
Foundation Chairman Peter G. Peterson's Statement on President Obama's deficit reduction proposal to the "super committee"
Peter G. Peterson releases a statement on President Obama's deficit reduction proposal to the "super committee."
Analysis
Apr 17, 2014
Summary: Comparing FY 2015 Budgets
All three budget plans achieve deficit reduction within the 10-year window relative to current law, though they make different choices on revenues and spending levels for particular programs and achieve different results.
Press Releases & Statements
Mar 4, 2021
Peterson Statement on CBO’s Long-Term Outlook
“Today’s report provides a troubling snapshot of America’s fiscal outlook, which we know will only get worse from here,” said Michael A. Peterson, CEO of the Peter G. Peterson Foundation.
https://www.pgpf.org/press-release/2021/03/peterson-statement-on-cbos-long-term-outlook
Analysis
Jul 15, 2011
The Congressional Budget Office’s 2011 Long-Term Budget Outlook
If taxes are not increased or spending is not cut, CBO projects that interest costs will climb and federal debt will grow to levels that will damage our economy.
Blog Posts
Nov 11, 2021
Leading Economists: The Economy Bounced Back Fast, But Major Questions Remain
With our economy in recovery, the national debt rising unsustainably, the country still grappling with a devastating pandemic, and lawmakers pursing significant new legislation, America faces many critical questions for its future. To shed light on the best way forward, two top economists participated in a panel discussion as part of the latest edition of the Peterson Foundation Economic Forum.
Press Releases & Statements
Feb 4, 2020
Peterson Foundation Statement Ahead of President’s State of the Union Address
“By any measure, the state of the Union’s fiscal outlook is unsustainable, and getting worse,” said Michael A. Peterson, CEO of the Peter G. Peterson Foundation.
Explainers
Jul 14, 2021
What is Budget Reconciliation?
Reconciliation provides for expedited consideration of certain legislation; its use is particularly important in the Senate because it limits the time allowed for debate and prevents the inclusion of non-budgetary provisions.
https://www.pgpf.org/budget-basics/what-is-budget-reconciliation
Press Releases & Statements
Mar 4, 2009
Americans Rank Country's Growing Budget Challenges, Debt, and Deficit as a Top Priority for Obama Administration
The results of the national survey, commissioned by the Foundation and released today, show that amidst the current economic crisis, there is strong consensus about the fundamental importance of the country's sustained fiscal health, and that Americans place a high priority on tackling the federal government's growing budget deficit and debt.
Press Releases & Statements
Aug 24, 2022
Peterson Foundation Statement on Student Debt Forgiveness Announcement
“On the heels of the first meaningful deficit reduction initiative in years in the Inflation Reduction Act, it’s highly irresponsible, unfortunate and unwise to wipe out those fiscal benefits with this announcement," said Michael A. Peterson, CEO of the Peter G. Peterson Foundation.