Michael A. Peterson to Testify Before Senate Budget Committee
President & CEO of the Peter G. Peterson Foundation will discuss reforms to encourage long-term fiscal sustainability.
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President & CEO of the Peter G. Peterson Foundation will discuss reforms to encourage long-term fiscal sustainability.
The Federal Reserve plays an important role in stabilizing the country’s economy.
Fitch Ratings recently downgraded the U.S. long-term credit rating from its top mark of AAA to AA+.
https://www.pgpf.org/blog/2023/08/what-the-fitch-downgrade-says-about-our-fiscal-challenges
"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
Eleven new essays provide insights and solutions for overcoming today’s economic challenges, creating a sustainable budget and stronger future.
The Foundation releases a statement on the significant opportunity the Budget Conference Committee has to set long-term plan on debt.
“Unfortunately, this bill does little to address our long-term fiscal challenges," said Michael A. Peterson.
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.
“Rather than engaging in partisan battles and fiscal brinksmanship, voters want their leaders to work together on real solutions to our national debt,” said Michael A. Peterson.
https://www.pgpf.org/press-release/2023/09/fci-press-release
The State Budget Crisis Task Force examines fiscal conditions at the state level, particularly after the 2008 global financial crisis.
https://www.pgpf.org/what-we-are-doing/grants/state-budget-crisis-task-force-final-2014-report