Fiscal and Monetary Policy Work Best Together
High inflation breeds instability, raising the risk of both higher interest rates and recession.
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High inflation breeds instability, raising the risk of both higher interest rates and recession.
The outlook for the federal budget has worsened considerably since last year, according to a new report.
Foundation President Michael A. Peterson releases a statement on CBO's long-term budget outlook.
Peter G. Peterson pens an op-ed in POLITICO about the coming fiscal issues now that Congress and the President have removed the threat of a government shutdown.
https://www.pgpf.org/press-release/op-ed-a-fiscal-deal-or-fiscal-crisis
After the national debt eclipsed $21 trillion for the first time in March, voters remain deeply troubled by the country’s fiscal situation.
https://www.pgpf.org/press-release/2018/04/fci-press-release
“With the election six weeks away, the growing national debt is on the minds of American voters,” said Michael A. Peterson, Chairman and CEO of the Peter G. Peterson Foundation.
https://www.pgpf.org/press-release/2018/09/fci-press-release
As Congress prepares to reconvene next week, lawmakers prepare for conflicts over the approaching fiscal year end.
https://www.pgpf.org/blog/2016/08/this-month-in-fiscal-news-august-2016
“We need our leaders to rise to the urgency of the moment, but legislative gridlock continues to prevent progress on even the basics of budgeting," said Michael A. Peterson.
https://www.pgpf.org/press-release/2024/03/peterson-foundation-statement-on-presidents-budget
“Washington’s failure to address the national debt and critical budgetary issues has a direct negative effect on Americans’ confidence,” said Michael A. Peterson, CEO of the Peterson Foundation.
"The rise in the cost of servicing the debt is the significant challenge . . . threatening to crowd out federal spending priorities," writes Dana M. Peterson and Lori Esposito Murray.
https://www.pgpf.org/expert-views/fiscal-commission/the-debt-crisis-is-here