Statement from Michael Peterson on Fiscal Cliff Agreement
Michael A. Peterson releases a statement on the fiscal cliff agreement.
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Michael A. Peterson releases a statement on the fiscal cliff agreement.
As student teams from colleges and universities are hard at work developing ways to tackle America’s fiscal challenges, the national campus-based competition Up to Us announces its 2014 panel of judges.
A series of sudden, drastic changes to our nation's fiscal policies are slated to take place automatically at the end of this year — what many are calling the "Fiscal Cliff."
https://www.pgpf.org/analysis/the-fiscal-cliff-is-an-opportunity-for-long-term-action
The research-based, inquiry-driven Understanding Fiscal Responsibility curriculum connect students to the current public policy dilemmas about the federal budget, national debt, and budget deficit that confront the United States.
https://www.pgpf.org/what-we-are-doing/grants/columbia-university-teachers-college
“Our national debt is so large, we’re already paying more than $1 billion every day on interest, and that’s growing fast,” said Michael A. Peterson, CEO of the Peterson Foundation.
https://www.pgpf.org/press-release/2022/09/fci-press-release
“While the pandemic remains the top priority, voters believe that America’s deteriorating fiscal situation is also a key issue for our future,” said Michael A. Peterson, CEO of the Peterson Foundation.
https://www.pgpf.org/press-release/2020/09/fci-press-release
Each year, through the budget process, the President and Congress have the opportunity to set priorities for the federal government, determining how much should be spent through appropriations for annually-funded programs, known as discretionary spending, and providing the opportunity to review entitlement programs and the tax code.
https://www.pgpf.org/budget-basics/federal-budget-process-a-primer
Proponents argue that a well-designed benefit reduction policy would improve the equitability by better balancing the payouts between low- and high-income earners.
https://www.pgpf.org/blog/2024/07/social-security-reform-should-we-reduce-benefits
“The writing on the wall couldn’t be any more clear: Social Security and Medicare remain on a dangerously unsustainable path," said Michael A. Peterson, CEO of the Peter G. Peterson Foundation.
The Co-Chairs of the President’s National Commission on Fiscal Responsibility and Reform, Erskine Bowles and Alan Simpson, released a draft of their recommendations for deficit reduction and debt stabilization.
https://www.pgpf.org/press-release/national-commission-on-fiscal-responsibility-and-reform