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“These new Trustee reports make clear that when it comes to the future of Social Security and Medicare, doing nothing is simply not an option," said Michael A. Peterson.
https://www.pgpf.org/press-release/2023/03/peterson-foundation-statement-on-trustees-reports
“Now that our economy has significantly recovered, it is the perfect time to begin a process to get our fiscal house in order," said Michael A. Peterson, Chairman and CEO of the Peter G. Peterson Foundation.
Presently, revenues raised by the corporate income tax represent the third-largest category of federal tax revenue in the United States, trailing those generated from the individual income and payroll taxes.
https://www.pgpf.org/budget-basics/the-us-corporate-tax-system-explained
"No party, or even individual member, has bragging rights when it comes to advocating for, or making progress on, reducing the deficit and debt," writes Heidi Heitkamp.
A strong fiscal outlook is an essential foundation for a growing, thriving economy.
https://www.pgpf.org/infographic/infographic-how-does-the-national-debt-affect-the-economy
Coronavirus aid programs were implemented to provide much needed support for small businesses, but how effective have they been? Read more in our analysis.
https://www.pgpf.org/blog/2020/10/how-did-the-fiscal-response-to-coronavirus-help-small-businesses
If lawmakers do not agree on raising or suspending the debt limit before the extraordinary measures are exhausted, there would be severe consequences.
https://www.pgpf.org/analysis/2023/06/debt-ceiling-update-whats-at-stake
Fiscal policymakers representing the Treasury Department, other federal agencies, think tanks and Congress will face off against college students in the Budgetball Tournament on the National Mall this Sunday from 11:00am to 2:00pm ET. Players will include David Walker, former U.S. Comptroller General, and Robert Reischauer, former Director of the Congressional Budget Office.
https://www.pgpf.org/press-release/administration-and-congressional-teams-get-fiscal
10 New Papers and Upcoming Virtual Event Highlight Policy Solutions on Economic Recovery and Rising Debt as America Emerges from Pandemic
To illuminate what the latest economic indicators mean, connect the dots, and discuss how CBO analysis helps policymakers, CBO Director Phillip Swagel joined Peterson Foundation CEO Michael Peterson for the latest Economic Forum.