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Michael A. Peterson, President and COO of the Peter G. Peterson Foundation, commented this evening on the President’s annual State of the Union address.
The Foundation releases a statement on the significant opportunity the Budget Conference Committee has to set long-term plan on debt.
As the nation edges closer to the fiscal cliff, a group of distinguished defense, economic and foreign policy leaders today issued an urgent call to address the U.S. fiscal situation, identifying our national debt as "the single greatest threat to our national security."
A new poll released today commissioned by the Peter G. Peterson Foundation finds that 83% of voters believe the debt should be a high priority in the President’s speech.
Every month the U.S. Treasury releases data on the federal budget, including the current deficit. Here is the data for June 2022.
https://www.pgpf.org/the-current-federal-budget-deficit/budget-deficit-june-2022
“Six months from an important election, and as Americans face the challenges of high inflation, rising interest rates and economic uncertainty, it’s no surprise that voters are deeply concerned about our unsustainable national debt and budget outlook,” said Michael A. Peterson, CEO of the Peterson Foundation.
https://www.pgpf.org/press-release/2022/05/fci-press-release
“In the last month alone, the concerns about our growing national debt have spiked meaningfully,” said Michael A. Peterson, CEO of the Peterson Foundation.
https://www.pgpf.org/press-release/2021/05/fci-press-release
Let's take a closer look at projections from 10 years ago to assess how decisions by lawmakers and other factors have contributed to our fiscal outlook.
https://www.pgpf.org/blog/2023/03/decade-in-review-looking-back-at-cbo-projections-then-and-now
Michael A. Peterson releases a statement on Chairman Paul Ryan's budget proposal.
The report anticipates that in 2020 — for the first time since 1982 — the program’s total costs will exceed its total income.