Securing our Economic Future
Peter G. Peterson gives an interview to Leaders Magazine.
https://www.pgpf.org/press-release/2014/04/securing-our-economic-future
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Peter G. Peterson gives an interview to Leaders Magazine.
https://www.pgpf.org/press-release/2014/04/securing-our-economic-future
Tax breaks totaled over $1.8 trillion in 2023. To put that in perspective, that’s more than the government spends on Social Security, defense, or Medicare and Medicaid.
https://www.pgpf.org/blog/2023/12/eight-of-the-largest-tax-breaks-explained
Social Security has been a cornerstone of economic security for almost 90 years, but the program is on unsound footing.
“As America’s leaders consider costly new spending proposals and tax cuts, today’s CBO report is a timely reality check," Michael A. Peterson, CEO of the Peter G. Peterson Foundation
https://www.pgpf.org/press-release/2019/06/Peterson-Foundation-long-term-budget-outlook
The Congressional Budget Office (CBO) released updated budget and economic projections, which incorporate the effects of higher interest rates, annual appropriations, and other recent legislative and economic developments.
"Despite the harangue of the political class, for many Americans 'bipartisanship' is not a dirty word," writes Michael Steele.
Every year the Social Security and Medicare Boards of Trustees issue reports on the fiscal health of these vital programs.
https://www.pgpf.org/analysis/social-security-medicare-trustees-reports
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For more information about America’s fiscal challenge and potential solutions, visit the Peter G. Peterson Foundation at www.pgpf.org. The following websites also provide a wealth of information on the U.S. budget and various policy areas.
https://www.pgpf.org/budget-basics/state-of-the-unions-finances/learn-more
“Today’s CBO report is a timely reminder that as lawmakers work to raise the debt ceiling, they should also address the underlying problem of our rapidly growing national debt."
https://www.pgpf.org/press-release/2023/05/peterson-foundation-statement-on-cbo-report
While Congress has not taken steps toward reining in our high and rising national debt, lawmakers did address a couple of pending fiscal items.