Peterson Foundation Statement on CBO Long-Term Budget Outlook
“As Washington navigates short-term budget battles, our long-term fiscal outlook keeps getting more and more dangerous," said Michael A. Peterson.
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“As Washington navigates short-term budget battles, our long-term fiscal outlook keeps getting more and more dangerous," said Michael A. Peterson.
This paper examines the political and economic motivations citizens of Mexico, China and India have to migrate to the US, as well as the role that American political institutions play in determining who immigrates here. It highlights US immigration policies as playing the primary role in determining the flow of immigrants to the US, particularly for India and China. While immigration from Mexico is in part determined by policy, there is evidence that economic and network factors matter as well.
Lisa Desjardins moderated a bipartisan panel with Rep- resentatives Charlie Dent (R-PA) and Jim Himes (D-CT) about breaking congressional gridlock and crafting lasting legislative solutions with good ideas from both sides of the aisle.
A group of respected policy experts share their views on how a bipartisan fiscal commission could help break the cycle of governing by crisis.
"Today’s CBO projections are the latest loud and clear warning about America’s unsustainable national debt," said Michael A. Peterson.
https://www.pgpf.org/press-release/2024/02/peterson-foundation-statement-on-new-cbo-report
“Earlier this month, the Congressional Budget Office released new data showing that interest costs in 2024 will total a staggering $870 billion, a jump of 32 percent and more than $2 billion per day,” said Michael A. Peterson.
https://www.pgpf.org/press-release/2024/02/fci-press-release
Significant majorities of voters across party lines agree that a commission would strengthen Social Security, lower borrowing costs, and improve our economic outlook.
Federal Reserve Chair Jerome Powell, speaking in an interview, said that now is the time to start addressing our $34 trillion and rising national debt.
https://www.pgpf.org/blog/2024/02/fed-chair-powell-its-past-time-to-address-our-national-debt
The Fiscal Summit will bring together leading experts and policymakers to explore the economic and fiscal opportunity in America.
https://www.pgpf.org/blog/watch-the-2015-fiscal-summit-opportunity-for-america
Addressing our nation's fiscal challenges is essential to building an economic future.This and other ideas are laid out in Pete Peterson’s latest book.
https://www.pgpf.org/blog/charting-a-new-course-for-americas-economic-future