Welcome Back, Congress 2017
As Congress returns from its August recess, lawmakers face a to-do list filled with important fiscal deadlines.
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As Congress returns from its August recess, lawmakers face a to-do list filled with important fiscal deadlines.
“The economy is growing, but so is the federal deficit, and that’s highly unusual.” said Michael A. Peterson, CEO of the Peterson Foundation.
https://www.pgpf.org/press-release/2019/04/fci-press-release
"As lawmakers debate significant reforms, our growing deficits should be a factor in every policy conversation," said Michael A. Peterson, President and CEO of the Peter G. Peterson Foundation.
The nonpartisan Congressional Budget Office projects that the federal debt could reach 175% of GDP by 2040.
https://www.pgpf.org/analysis/congressional-budget-offices-2015-long-term-budget-outlook
The number one financial worry for Americans is having enough money for retirement — and for good reason.
https://www.pgpf.org/blog/2016/06/six-challenges-to-retirement-security
“Instead of governing by crisis and brinksmanship, our leaders should work collaboratively to address the major structural challenges in our budget," Michael A. Peterson, CEO of the Peter G. Peterson Foundation, said.
https://www.pgpf.org/press-release/2018/12/peterson-foundation-statement-on-government-shutdown
The federal budget is on an unsustainable and damaging fiscal trajectory, according to a new report from the nonpartisan Congressional Budget Office.
https://www.pgpf.org/analysis/2019/02/cbo-report-highlights-unsustainable-fiscal-outlook
“This new CBO report shows that our national debt will reach a record level over the next decade," said Michael A. Peterson, CEO of the Peter G. Peterson Foundation.
Peter G. Peterson releases a statement on sequestration.
https://www.pgpf.org/press-release/statement-from-foundation-chairman-pete-peterson-on-sequestration