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Peter Peterson

Jason Linkins

The Sad And Hilarious Story Of America's Most Incompetent Deficit Hacks | Jason Linkins | Posted 04.17.2014 | Politics

Earlier this week, Politico's Byron Tau reported on the sad state of The Can Kicks Back, a deficit-hack outfit spun off of Fix The Debt, whose unique strategy in the "OMG TEH DEFICITZ" Wars was to attempt the enlistment of millenials in the effort to impoverish their grandparents.

Anti-Debt Group Happens To Be Nearly Broke

The Huffington Post | Ashley Alman | Posted 02.13.2014 | Politics

An advocacy group that encourages young people to "fix" the national debt happens to be nearly broke itself, Politico reported Wednesday. The Can K...

Batkid Can't Save Us

Steve Nelson | Posted 02.10.2014 | Politics
Steve Nelson

Charity is not justice, and the conspicuous glare of charity is blinding us to injustice.

Amanda Terkel

WATCH: Fix The Debt Stages Flash Mob In Downtown D.C. | Amanda Terkel | Posted 05.10.2013 | Politics

WASHINGTON -- Most people don't think of partying at rock concerts in the name of debt reduction. Alan Simpson and Erskine Bowles, after all, are cert...

Whoopi Goldberg -- Generous, Honest, Spontaneous, Uncompromising

Liz Smith | Posted 06.23.2013 | Entertainment
Liz Smith

The National Geographic Channel has produced a lively, informative series, The 80s -- The Decade That Made Us

Has NPR Joined Peter Peterson's Crusade Against Social Security and Medicare?

Dean Baker | Posted 05.07.2013 | Business
Dean Baker

When you have a billion dollars to throw around, you will have plenty of people willing to argue absurd positions. Therefore it is not surprising to see the Fix the Debt crew and various other Peterson derivative organizations pushing the line about generational conflict, but what is NPR's excuse?

Fix the Debt and a Wall Street Sales Tax

Dean Baker | Posted 04.14.2013 | Business
Dean Baker

Given that the stated goal of Fix the Debt is to reduce budget deficits, it is worth asking why taxes don't figure more prominently on their agenda. It is also worth asking why one tax in particular, a financial transactions tax, never seems to get mentioned in anything the group or its members do.

Preston Maddock

Fix The Debt Protest Draws Activists, Inflatable Pig | Preston Maddock | Posted 02.07.2013 | Politics

WASHINGTON -- More than 100 union members and progressive activists marched to a Capitol Hill hotel Wednesday to protest a meeting of corporate chiefs...

The Peterson Foundation's Fiscal Nonsense Index

David Callahan | Posted 04.01.2013 | Politics
David Callahan

The public already prioritizes job creation over deficit reduction by large margins. In a debate with more facts and less noise, they'd lean even more in this direction. The Peterson's Fiscal Confidence Index, alas, is just more noise.

Money Can't Buy Them Love

Robert Kuttner | Posted 02.08.2013 | Politics
Robert Kuttner

It is literally possible to have more money than you know what to do with. Take the case of the private-equity billionaire Peter G. Peterson, who has bankrolled much of the austerity crusade. Peterson has now spent over half a billion dollars out of his personal fortune to persuade Americans that austerity is the necessary road to recovery. But the debate seems to be getting away from him. Peterson was heavily involved in the corporate-led group, "Fix the Debt." That effort has increasingly backfired. In Peterson's world, CEO spokesmen are a source of great credibility. But out in America, it doesn't looks so good when the millionaire CEOs who cut jobs and pay low rates of taxes lecture others to tighten their belts.

Paul Blumenthal

Centrist Group Masks GOP Backing | Paul Blumenthal | Posted 12.03.2012 | Politics

WASHINGTON -- Members of the influential Campaign to Fix The Debt struck a posture of post-partisan political neutrality this past week, as they swarm...

Christina Wilkie

'Fix The Debt' CEOs Underfund Employee Retirement, Demand Cuts For Elderly | Christina Wilkie | Posted 11.27.2012 | Politics

WASHINGTON -- A group of high-profile corporate CEOs are lobbying Capitol Hill this week to put Social Security and Medicare cuts at the forefront of ...

Open Letter to President Obama: Election Mandate to Govern for the Common Good of 99%, Not the Greed of 1%

Michele Swenson | Posted 01.15.2013 | Politics
Michele Swenson

The "Grand Bargain" promoted by Wall St. is in reality the "Great Betrayal" of the people who elected you. You, not Republicans, won a mandate to stand for people.

Ryan Grim

Austerity War Revs Up: Private Equity Baron Drops Millions On New Campaign | Ryan Grim | Posted 04.24.2013 | Politics

WASHINGTON -- Billionaire private equity mogul Peter Peterson is investing millions of dollars in a new Washington-based campaign for austerity, plann...

Ryan Grim

What Half A Billion Dollars Buys You In Washington | Ryan Grim | Posted 05.15.2012 | Politics

WASHINGTON -- Peter Peterson, a Wall Street billionaire who has been calling for cuts to Social Security and other government programs for years, is h...

Deficit Reduction: The Great Distraction

Dean Baker | Posted 07.14.2012 | Business
Dean Baker

When we hear Erskine Bowles and his friends rant about the deficit this week, we should remember that once again they are distracting the public from the country's real problems. And this crew is at the center of those problems; it is not the solution.

Dan Froomkin

Progressive Despair: Austerity Top Priority As Economy Sputters, Americans Suffer | Dan Froomkin | Posted 10.03.2011 | Politics

WASHINGTON -- This week's big debt deal has left progressives despairing over a disconnect between Washington and the rest of the country that they sa...

Health Care: Fighting Common Sense With Dogma

Gary Liberson, PhD | Posted 08.02.2011 | Politics
Gary Liberson, PhD

You can't look at a paper without some politician sermonizing on how we spend too much on health care. The question is: Can we reduce the cost of getting sick or, better yet, reduce the likelihood of illness?

The Ministry of Truth: New Fronts in the War on Social Security

Richard (RJ) Eskow | Posted 05.25.2011 | Politics
Richard (RJ) Eskow

Every Orwellian campaign needs a compliant press, and the Social Security Slashers led by Pete Peterson have been particularly lucky (or effective) in this area.

Private Equity Billionaire: I'm Getting A Huge, Unjustified Tax Break | PETER LATTMAN | Posted 05.25.2011 | Business

Peter G. Peterson, the billionaire co-founder of the Blackstone Group, was the subject of Deborah Solomon's "Questions For" column in The New York Tim...

A Quarter of a Million Little Pieces: Pete Peterson and the Washington Post Have a New Fiscal James Frey

Richard (RJ) Eskow | Posted 05.25.2011 | Media
Richard (RJ) Eskow

Right-wing billionaire Pete Peterson continues to use the Washington Post as an outlet for deceptive anti-tax and anti-government propaganda. The latest Peterson production is a grab-bag of misinformation and fiscal ignorance.

It's Not Raining, We're Getting Peed On (3): The Scam of the Deficit Crisis

Jonathan Tasini | Posted 05.25.2011 | Books
Jonathan Tasini

Today, as the Catfood Commission unveiled its final report, I'll look at some of the people behind pushing the phony "crisis" within an excerpt from the next chapter of my book.

D-Day in the Class War

Joseph A. Palermo | Posted 05.25.2011 | Politics
Joseph A. Palermo

Both "bipartisan" bodies claim that "tough decisions" must be made. Yet their policies are only really tough if you happen to belong to America's struggling working middle class.

Fiscal Times Questions Elizabeth Warren's Candidacy

Huffington Post | Sara Yin | Posted 05.25.2011 | Business

The Fiscal Times, an online newspaper funded by Blackstone co-founder and former Council of Foreign Relations chair Peter Peterson, has published two ...

A Brief History of Attacks on Social Security

Ted Marmor | Posted 05.25.2011 | Business
Ted Marmor

It is ironic -- and infuriating -- to have a debate in 2010 about Social Security when that program had nothing to do with the transformation of the nation's fiscal policy from surplus to deficit since 2000.