Statement by Michael A. Peterson, Vice Chairman of the Peter G. Peterson Foundation, on Congressional Budget Office Outlook - Jan 2011
The Peter G. Peterson Foundation on the Congressional Budget Office outlook.
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The Peter G. Peterson Foundation on the Congressional Budget Office outlook.
As the national debt surpasses $30 trillion, voter confidence in America’s financial situation and budget outlook tied a 7-year low, according to the Peter G. Peterson Foundation’s newest monthly index.
https://www.pgpf.org/press-release/2022/01/fci-press-release
As the coronavirus (COVID-19) pandemic took hold, economic activity slowed and tax revenues in most states began to decline.
https://www.pgpf.org/blog/2020/12/state-tax-revenues-took-a-hit-in-the-wake-of-the-pandemic
“Voters continue to be concerned about our rising national debt, and rightly so,” said Michael A. Peterson, Chairman and CEO of the Peter G. Peterson Foundation.
https://www.pgpf.org/press-release/2018/05/fci-press-release
In the early days of a new administration and Congress, voters have increased expectations for elected leaders to take action on our national debt, and remain deeply concerned about our fiscal outlook.
https://www.pgpf.org/press-release/2017/04/fci-press-release
Voters clearly want action in Washington as 77% say that the President and Congress should be spending more time addressing the debt.
https://www.pgpf.org/press-release/2017/03/americans-remain-deeply-concerned-about-national-debt
The legislative response to COVID-19 has been an essential part of supporting Americans and the economy through the crisis. However, states are now navigating how to avoid a budget shortfall (sometimes referred to as a “fiscal cliff”) once federal aid wanes.
https://www.pgpf.org/blog/2022/06/what-happens-to-state-governments-when-federal-funds-run-out
As the presidential debate season begins, voters remain deeply concerned about the country’s long-term fiscal health.
https://www.pgpf.org/press-release/2016/09/fci-press-release
"Too often in recent years, Washington has largely governed by crisis. No area better reflects the pressure of constant crisis than the federal budget," writes Leon E. Panetta
The coronavirus (COVID-19) pandemic has contributed to a significant budget crunch at the state level that threatens a range of basic government programs and services. Some states were better prepared than others to handle this crisis.