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Peter G Peterson Foundation

Braking Bad: The Critical Need to End Congressional Gridlock

Frank Islam | Posted 01.23.2014 | Politics
Frank Islam

Put very simply, Congressional gridlock is killing the American dream. It is being sacrificed on the altar of ideological purity and partisan sanctimony. We need to put the brakes on that approach or we will break apart.

Republicans Shoot America in the Foot

Leo W. Gerard | Posted 12.21.2013 | Politics
Leo W. Gerard

Republicans can pummel their own party if they want to, but what's amazing is that 18 of them in the Senate and 144 in the House voted against restoring government services and paying America's debts.

Billionaires Against Social Security

Robert Kuttner | Posted 01.23.2014 | Politics
Robert Kuttner

America's very rich keep trying to start a movement among college students to blame senior citizens for the sorry state of the economy that kids will inherit. Specifically, the billionaires keep trying to scapegoat Social Security. The next generation, and the one after that, will have a shot at a decent life if we can get growth and a fairer distribution of earnings back on track. That project has nothing whatever to do with Social Security or the federal deficit. On the contrary, if we keep on the austerity kick and further cut social outlays that promote opportunities, growth will be even slower.

On the Billionaire's Agenda, Does 60 Minutes Need a Visit From ... 60 Minutes?

Richard (RJ) Eskow | Posted 07.20.2013 | Media
Richard (RJ) Eskow

If Lesley Stahl chose to leave the Peterson Board and disassociate herself with that group's agenda, she made the right decision. But opting for secrecy was the wrong choice.

Ghost in the Machine: Pete Peterson Haunts College Campuses

Mary Bottari | Posted 07.12.2013 | Politics
Mary Bottari

Media touted the event without looking deeper. Clips the day after did the same. Nary a mention of Pete Peterson or his vicious austerity agenda which will slash government spending, kill jobs, condemn students to higher rates of debt and make it much harder for graduates to succeed.

Pensions and Health Insurance for the Elderly Are Not Just 'Entitlements'

Alan Singer | Posted 02.06.2013 | Politics
Alan Singer

Words are contested terrain in political debate. The words we use to label issues and ideas shape how people think about them.

Christina Wilkie

Debt Lobbying Group Has Major Conflicts of Interest

HuffingtonPost.com | Christina Wilkie | Posted 12.07.2012 | Politics

WASHINGTON -- The multi-million dollar lobbying campaign to fix the national debt opened a new front this week, when a group of retired foreign policy...

'Fix the Debt' CEO Dream Team Wants You to Be as Scared as They Are of the Fiscal Cliff

Jeff Palmer | Posted 01.06.2013 | Politics
Jeff Palmer

The reality is that the current system of taxation created by Ronald Reagan and put on steroids by George W. Bush is working quite well for Pete Peterson and his fellow oligarchs.

Peter G. Peterson's Money Goes to Convincing You to Take a Social Security Hit

Jeff Palmer | Posted 01.02.2013 | Politics
Jeff Palmer

You may or may not have heard of Peter G. Peterson, but he has been trying very hard lately to make you believe your Social Security is in jeopardy.

Ryan Grim

What Half A Billion Dollars Buys You In Washington

HuffingtonPost.com | 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...

Geithner: JPMorgan Loss 'Helps Make Case' For Regulation

AP | ANDREW TAYLOR | Posted 05.15.2012 | Business

WASHINGTON -- Treasury Secretary Tim Geithner said Tuesday that the recent $2 billion trading loss by JPMorgan "helps make the case" for tougher rules...

Fiscal Futility

Robert Kuttner | Posted 05.13.2012 | Politics
Robert Kuttner

Austerity is a false cure for a prolonged recession. The Peterson Foundation is using a genuine crisis as an excuse to bash social insurance, at a time when we should be expanding social insurance. It's appalling that so many people are gulled by this propaganda.

WATCH: Children Explain The National Debt Problem

Posted 12.11.2011 | Business

During Tuesday night’s Republican presidential debate, the candidates will likely spar over the best way to cut the nation’s budget deficit, an is...

Bill Clinton: Brief Debt Default 'Might Not Be Calamitous'

Posted 07.25.2011 | Politics

This story was updated to include a statement from Clinton's spokesman. Former president Bill Clinton expressed optimism Wednesday about the immedi...

A Misguided Deficit Commission

Pearl Korn | Posted 05.25.2011 | Politics
Pearl Korn

The Obama Administration's Deficit Commission is at best errant in its mission and at worst a bait-and-switch ploy being run on the American people.

Fiscal Folly

Robert Kuttner | Posted 05.25.2011 | Business
Robert Kuttner

The more immediate problem facing the economy is the high unemployment rate, the risk of a largely jobless recovery, and a lost generation of prosperity.

Both Sides Agree: Address Jobs Now and Deficits Later

Lawrence Mishel | Posted 05.25.2011 | Politics
Lawrence Mishel

Spending on job creation is not inconsistent with deficit reduction -- in fact, high deficits will be with us as long as high unemployment is. Many of our leaders still do not understand this.

Top Deficit Hawk David Walker Says Job Creation Is Top Priority

Politico | LAWRENCE MISHEL & DAVID M. WALKER | Posted 05.25.2011 | Politics

resident Barack Obama is in a difficult position when it comes to deficits. Today's high deficits will have to go even higher to help address unemploy...

How to Abort the Recovery

Robert Kuttner | Posted 05.25.2011 | Politics
Robert Kuttner

As unemployment continues to rise, deficit hawks are upping their efforts to use the economic crisis as a pretext for gutting basic social programs such as Social Security and Medicare.

We Are Much More Than a Fiscal Watchdog

Tim Roeper | Posted 05.25.2011 | Media
Tim Roeper

Jason Linkins got some things wrong about the Peter G. Peterson Foundation, and we feel compelled to clear the air.

Spending The Deficit

Rob Fishman | Posted 05.25.2011 | Business
Rob Fishman

Just how much is $1.2 trillion? To put this year's deficit in perspective, we thought of a few unrealities that carry a similar price tag.