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As the nation edges closer to the fiscal cliff, a group of distinguished defense, economic and foreign policy leaders today issued an urgent call to address the U.S. fiscal situation, identifying our national debt as "the single greatest threat to our national security."
The Peter G. Peterson Foundation releases a statement on President Obama's consideration of a Bipartisan Commission.
The Bipartisan Policy Center proposal is the first in a series of reports that will be released over the next several months that examines different ways to bring the budget back into balance and reduce the country’s mounting debt burden.
https://www.pgpf.org/press-release/restoring-america%E2%80%99s-future
Today, the Congressional Budget Office released its Update to the Budget and Economic Outlook: 2015-2025, which projects that federal debt will rise to 77 percent of GDP in 2025, a historically high level of debt that threatens economic growth over the long term.
“This new report provides the latest evidence that our fiscal condition has worsened significantly since the pandemic began, and will need to be addressed once we’re through the COVID crisis,” said Michael A. Peterson, CEO of the Peter G. Peterson Foundation.
The Concord Coalition and The Peter G. Peterson Foundation today launched a national “Fiscal Solutions Tour” to foster informed public dialogue about possible answers to the nation’s daunting fiscal and economic challenges over the next decade and beyond.
An overwhelming majority of Americans, 82 percent, say the long-term national debt is an important factor when it comes to deciding how they will vote in the November midterm elections, according to a new poll released today by the Peter G. Peterson Foundation.
“CBO’s report shows 30 straight years of trillion-dollar deficits that grow and grow, leaving no doubt that we’re on a dangerous and unsustainable fiscal path.” said Michael A. Peterson, CEO of the Peter G. Peterson Foundation.
Leading experts, scholars will discuss 31 new research papers on trends that will shape America’s future economy and society.
We are deeply saddened by the loss of our Founder and Chairman, Peter G. Peterson, who worked tirelessly to secure the American Dream for future generations.
https://www.pgpf.org/press-release/2018/03/statement-on-the-passing-of-peter-g-peterson