Statement on CBO's Updated 10-Year Budget Projections
"The era of declining deficits has clearly come to an end."
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"The era of declining deficits has clearly come to an end."
"Today’s CBO report confirms that the era of declining deficits is over," according to Michael A. Peterson, President and CEO of the Peter G. Peterson Foundation.
Michael A. Peterson, President and CEO of the Peter G. Peterson Foundation, commented today following the enactment of bipartisan legislation to avert a government shutdown, address the debt ceiling, and establish discretionary spending levels.
Michael A. Peterson, President and COO of the Peter G. Peterson Foundation, commented today following the release of the President's FY2015 Budget.
“Today’s CBO report shows ten straight years of trillion-dollar deficits. That’s a sad reflection of our nation’s poor fiscal health, and it adds insult to injury that we’re piling on all this debt in a growing economy,” said Michael A. Peterson, CEO of the Peter G. Peterson Foundation.
"Tonight's SOTU represents an important opportunity for President Obama to discuss the nation’s fiscal challenges and solutions for putting the country on a better path."
Michael A. Peterson, CEO of the Peter G. Peterson Foundation, commented today following the release of the Monthly Treasury Statement, which showed a deficit of $234 billion.
Michael A. Peterson, President & COO of PGPF, commented today as the Congressional Budget Office released its Budget and Economic Outlook for fiscal years 2015-2025.
“The administration projects that the deficit is on track to hit $1 trillion this year, even though we are in a strong economy and low interest rate environment," said Michael A. Peterson, CEO of the Peter G. Peterson Foundation.
https://www.pgpf.org/press-release/2019/07/peterson-foundation-statement-on-omb-mid-session-review
The House and Senate must show leadership in key issues facing the nation, like finding consensus on a $90 billion budget gap before the end of the fiscal year, or next month’s looming debt ceiling debate.
https://www.pgpf.org/press-release/infographic-%E2%80%94-welcome-back-congress