Press / Center for Funding America’s Future

Press

By / 10.17.2018

Once upon a time in Washington, D.C., a compulsive liar was in charge of the local government, the city’s legislature was beyond dysfunctional, and the District had debt as far as the eye could see. Today, a similar situation has returned to Washington, but this time it is the federal government, not the D.C. government, […]

By / 10.15.2018

Public investment spending could fall to lowest level in modern history by 2026  WASHINGTON — Young Americans are having their future mortgaged by Washington lawmakers who are slashing critical public investments in future generations while simultaneously burying these generations under a mountain of debt, according to a new report published today by the Center for […]

By and / 7.18.2018

Amid the daily drama of President Trump’s tweets and scandals, it can be hard to focus on the most important issues for our future. An unfortunate consequence of this purposeful turmoil is that few serious solutions are being offered for addressing two of the greatest threats facing the United States: runaway climate change and unsustainable […]

By / 6.14.2018

When the Social Security and Medicare trustees warned last week that both programs are on tenuous financial footing, Treasury Secretary Steve Mnuchin said: “The administration’s economic agenda — tax cuts, regulatory reform and improved trade agreements — will generate the long-term growth needed to help secure these programs and lead them to a more stable path.” He […]

By / 6.8.2018

A new report from the Social Security trustees warns that the program is in deep trouble. The retirement and social insurance program is already spending more on benefits than it raises in dedicated revenue, due in large part to a decline in birth rates and a decreasing ratio of workers to retirees. By 2034, beneficiaries […]

By / 6.5.2018

WASHINGTON — Ben Ritz, director of the Center for Funding America’s Future at the Progressive Policy Institute (PPI), today released the following statement after the annual Social Security and Medicare Trustees reports were released: “The annual reports from the Social Security and Medicare trustees should serve as a reality check for politicians who support costly […]

By / 4.9.2018

WASHINGTON — Ben Ritz, director of the Center for Funding America’s Future at the Progressive Policy Institute (PPI), today released the following statement after new fiscal projections released by the nonpartisan Congressional Budget Office (CBO) this afternoon demonstrated the enormous cost of policies adopted during the first year of Trump’s presidency: “The national debt is now on […]

The next generation lost a champion today with the passing of Peter G. “Pete” Peterson. While many leaders proselytize against debt and deficits when it’s politically convenient, Pete was one of the few whose concern for our nation’s fiscal future was truly sincere. For decades, he consistently advocated for using a responsible combination of spending […]

WASHINGTON – The Progressive Policy Institute today announced the launch of a new Center for Funding America’s Future that will promote a fiscally responsible public investment agenda. This launch comes at a pivotal moment in the federal budget debate. In under two months, Donald Trump and the Republican-controlled Congress have enacted policies that grow federal […]