Ten Leading Policy Experts: Now is the Time for Fiscal Commission
Portman, Panetta, Heitkamp, Zandi and others call for bipartisan fiscal commission, outlining spending and revenue reforms to stabilize the debt.
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Portman, Panetta, Heitkamp, Zandi and others call for bipartisan fiscal commission, outlining spending and revenue reforms to stabilize the debt.
“Today’s CBO report may not be a surprise, but it should be alarming for all of us," said Michael A. Peterson, CEO of the Peter G. Peterson Foundation.
This is the moment to strengthen the social insurance system and to enact an ambitious federal investment package, while raising tax revenue and cutting back on spending in ways that would largely offset those costs.
Highlighting state-level efforts to solve structural deficit problems. While most discussions on America's fiscal policy focus on the federal level, state governments also face daunting budget challenges.
https://www.pgpf.org/pgpf-programs-and-projects/state-fiscal-leaders
The Peter G. Peterson Foundation launched the Fiscal Confidence Index to help policymakers, members of the media, and everyday Americans gauge public opinion on the nation’s fiscal and economic challenges.
https://www.pgpf.org/what-we-are-doing/education-and-awareness/fiscal-confidence-index
Attitudes about the national debt remained consistently low throughout 2015, as the Fiscal Confidence Index ranged between 45 and 52, demonstrating that even as short-term deficits improved, our long-term fiscal challenges remain a major concern to voters.
https://www.pgpf.org/press-release/2015/12/fci-press-release
Let's take a closer look at a few key characteristics of Treasury borrowing that can affect its budgetary cost.
https://www.pgpf.org/blog/2024/08/how-does-the-treasury-issue-debt
“The most important takeaway from today’s CBO report is that interest costs are higher, adding to an already unsustainable fiscal outlook," said Michael A. Peterson, CEO of the Peter G. Peterson Foundation.
As we enter a new year, the Peter G. Peterson Foundation’s January Fiscal Confidence Index is 52 (100 is neutral), indicating voters’ ongoing concern about America's fiscal future.
https://www.pgpf.org/press-release/2015/01/fci-press-release