Peter G. Peterson Foundation
Our mission is to increase public awareness of the nature and urgency of key economic challenges threatening America's future and accelerate action on them.
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I.O.U.S.A.: Byte-Sized - The 30 Minute Version
By now, you may have heard about our acclaimed documentary I.O.U.S.A., a film that boldly examines the rapidly growing national debt and its consequences for the United States and its citizens. The film has been a huge hit, getting rave reviews from Roger Ebert and others.
Now, we proudly release a 30-minute condensed version of I.O.U.S.A. designed specifically for watching and sharing on the web – for free.
So if you haven’t had a chance to see the movie yet, watch the condensed I.O.U.S.A. today. If you’ve already seen it in a theater, check out the abbreviated version for a refresher. Then, tell your friends, your family, your Facebook friends and your Twitter followers about the staggering amount of money – $53 trillion – in financial obligations owed by the federal government to foreign investors and to every single American in the form of pensions, health benefits, Social Security and Medicare.
Then, visit http://www.IOUSAtheMovie.com and join us in our Fiscal Wake-Up Movement. Together, we can make American fiscal responsibility a reality.
I.O.U.S.A. Movie Trailer
Official Website: www.IOUSAtheMovie.com
I.O.U.S.A. will play in the following cities starting August 22, 2008 (check your local listings):
New York, Los Angeles, Atlanta, Chicago, Dallas, Miami, Philadelphia, Kansas City, San Francisco, Washington, D.C.
Solving economic challenges, with Peter Peterson, Blackstone sr. chairman & co-founder and CNBC’s Maria Bartiromo.
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Peter G. Peterson Foundation
It's important that we talk about finances - whether they're our own or our government's. That's why we're excited to announce PGPF's latest project: Fiscal Haiku...
Dean Johnson
Dean Johnson
View this site only if you want to hear a wake up call for the country.
December 10 at 7:41pm
John Wesley Nobles
John Wesley Nobles
David Walker is a great American that has had the guts to get in front of the Congress and American people and openly tell the truth about where this country is headed. As Americans, we need to speak out against the spending insanity that is going on in this country. Democrats, Republicans and Independents all know we are headed for a cliff, and it is time to make a turn to avoid a fatal fall. As citizens we also share in this responsibility.
Fri at 9:15am
Peter G. Peterson Foundation

Peter G. Peterson Foundation Join PGPF's President and CEO Dave Walker by tuning into a live webcast of the first-ever PGPF Youth Summit in Chicago, IL. Dave's welcome keynote speech starts at 10:15 a.m. EST today.

www.pgpf.org
Mobilize.org and the Peter G. Peterson Foundation are convening today's leading millennial voices as well as over one hundred young people this week for a National Youth Summit to be held in Chicago, Illinois, November 18th through 20th.
Peter G. Peterson Foundation

Peter G. Peterson Foundation Op-Ed by Peter G. Peterson on how business can rescue the U.S. economy.

www.businessweek.com
It's time for corporate leaders to step up with a Marshall Plan-type movement that takes an active role in the public interest.
Robert Richardson
Robert Richardson
Fascism in practical terms is when the Government allows "we the people" to hold onto the illusion that we own things, while gov maintains control of of them.

The problem is that ownership is defined as having control over. Thus who ever exercises the control is the owner.

From a perspective going back some 64 years, I have to say that in comparision, yes we have become fascist.
November 21 at 4:12pm
Jay
Jay
Would the partisan hacks in this convo (you know who you are) kindly remove yourself from any association from the PPF? You are undermining the mission. Thank you.
December 7 at 9:26pm
Peter G. Peterson Foundation

Peter G. Peterson Foundation Check out http://fiscalhaiku.com. Join others; submit and vote on haiku about the state of America's finances.

Robert Blum
Robert Blum
Retirement? It is a concept that is shared equally in a socialist society . . . And in the US, the government is financially busted . . . though the majority just has not recognized it yet . . . especially those participating in the waste, fraud and abuse. . . And to think that anyone should be allowed to be 'rich'. Shameful? Perhaps to some . . . but not unlawful . . . and not unAmerican.
November 9 at 4:02am
Fred
Fred
thinks that Afghanistan will be Obama's Viet Nam. It's his war now. Four more years of lives lost and treasure wasted. Afghanization -- hmm, this sounds familar. Where have I heard an "-ization" before ? Let me think. Oh, yeah. Viet Nam. And that worked out great. Fortunately, we have the money to pay for this. Oh, yeah. The national debt stands at... See More $12 Trillion. We can afford Universal Healthcare, too. This sounds like the 1960's again. The Viet Nam War and the Great Society sent America on the Road to Debt Perdition. What's the next stop after perdition?
November 10 at 7:07am
Peter G. Peterson Foundation

Peter G. Peterson Foundation Watch PGPF's President and CEO, David Walker give the keynote at the Paying for America Student Summit that was held on Oct. 22.

www.youtube.com
Session Three—Keynote address by the Hon. David M. Walker, Former Comptroller General of the United States, President and CEO of the Peter G. Peterson Foundation. Lunch will be provided Audience participation exercise where students will interact with all of the experts. ...
Don M Peterson
Don M Peterson
GOOGLE THE CLOWARD AND-PIVEN STRATEGY
TO UNDERSTAND HEALTH CARES PURPOSE
November 3 at 6:09pm
Peter G. Peterson Foundation
www.washingtonpost.com
Within the next few weeks, the Senate faces the painful duty of once again raising the statutory limit on the national debt.
Louis
Louis
One thing that has proved problematic to campaign-finance reform efforts is the issue of free-speech. I imagine that any major effort to reform lobbying would raise similar first amendment issues as well.
October 23 at 9:20pm
Paul
Paul
I never said being in Congress wasn't a real job. I'm just suggesting that it's not a career. (Or more accurately, that it should not be a career...)

As for moving money around not being a real job, if someone's willing to pay you to move money around, go for it.

Congresspeople are paid for by tax dollars, though, so they work for the taxpayers. And I do appreciate the notion that we don't need term limits at all for so long as there's an election. The people can have de facto term limits every time they vote.... See More

I guess when you peel the layers of the onion back, term limits (which I am still in favor of) are not the ultimate solution. What we really need is for (1) canididates to be funded by INDIVIDUALS only with a maximum contribution that doesn't put a candidate in someone's pocket, and (2) corporate lobbyists to be put out of business.

Take the money out of the equation, and the playing field becomes more or less leveled, although I do maintain that term limits will help the inevitable inertia that comes with being the incumbent.
October 24 at 7:14pm
Peter G. Peterson Foundation

Peter G. Peterson Foundation Right now watch in real-time and discuss the live webcast of the Fiscal Wake-Up Tour with David Walker, Robert Bixby (both featured in IOUSA) and other experts. http://bit.ly/OYYy

bit.ly
Click here for stream controls such as pause and volume controls OR IF YOU ARE USING INTERNET EXPLORER.Streaming will run from 9AM-9PM MDT for both the Youth Summit and The Fiscal Wake-Up Tour
David R Gray
David R Gray
Right, Heritage is definitely not non-partison overall, but their Norm Ornstein is the best observer of Congress I know of, and he IS non-partison. I feel a bit wary of them but their support is probably a good thing.
October 26 at 11:43pm
Michael Hamby
Michael Hamby
Sean and David, I think you both make valid points. I don't fault The Heritage Foundation for advocating a position politically. I do attribute my interest and possible full support of the Peterson Foundation for exactly the type of independent analysis that Sean in particular references.

My only concern would be that there is risk of muddying ... See Morethe message. There are more than enough “us versus them” arguments happening out there already and not enough responsible, sober, adult conversations on any given number of subjects. My opinion of course.
October 28 at 4:15pm
Peter G. Peterson Foundation

Peter G. Peterson Foundation Watch the live streaming webcast of the Paying for America Student Fiscal Summit being held right now in Denver.

www.concordcoalition.org
Click here for stream controls such as pause and volume controls OR IF YOU ARE USING INTERNET EXPLORER.Streaming will run from 9AM-9PM MDT for both the Youth Summit and The Fiscal Wake-Up Tour
Louis
Louis
I was glad had the opportunity to attend the conference in Denver.
October 23 at 10:16am
Nathan Isbell
Nathan Isbell
The solution to our fiscal mess is re-instating birthrights and establishing a propagating taxable income stream for an eternity. www.legacywillandtrust.com can do just that without government intervention. Legacy Will And Trust can subsidize our heirs incomes, create a taxable income stream that can be used to rebuild social security, fund ... See Morecharitable organizations, pay for socialized health care without costing our heirs and leave the world a better place. I challenge anyone with financial intelligence to disprove my theory.
October 27 at 3:30pm
Peter G. Peterson Foundation

Peter G. Peterson Foundation Not in Denver? You can still watch the Fiscal Wake-Up Tour and "Paying
for America: A Student Fiscal Summit." Visit www.concordcoalition.org tomorrow, October 22, for a live webcast of the day's events.

www.concordcoalition.org
The Concord Coalition is a non-partisan, grassroots organization dedicated to educating the public about the causes and consequences of federal budget deficits, the long-term challenges facing America's unsustainable entitlement programs, and how to build a sound foundation for economic growth.
Chad Rairie
Chad Rairie
I wish I could be there but stuck in the desert training, hope everyone my age and even younger pays attention to this, it is the most important situation our country faces, my buddies and I will protect the country here in the marine corps, we need all of you here at home to wake up and handle the financial crisis this country faces and we will help with that too when we are home and able to. Please spread the word.
October 21 at 3:31pm
Peter G. Peterson Foundation
Peter G. Peterson Foundation
@Kevin - the video of the events will likely be posted at http://concordcoalition.org by Monday. Guy and Chad thanks for the support.
October 22 at 6:13am
Peter G. Peterson Foundation

Peter G. Peterson Foundation If you're in the Denver area, check out two great events on October 22: the Fiscal Wake-Up Tour (http://bit.ly/4coSed) and "Paying for America: A Student Fiscal Summit" (http://bit.ly/gkbc).

bit.ly
David M. Walker, former Comptroller General of the United States and President and CEO of the Peter G. Peterson Foundation, and Robert L. Bixby, executive director of The Concord Coalition, will discuss these and related issues at a free public program at 7 p.m., Oct. ...
Benjamin Begovic
Benjamin Begovic
The Documentary was great.

Will you be in Europe one day,.. pres. Tour?
October 20 at 12:28pm
Peter G. Peterson Foundation

Peter G. Peterson Foundation Check out - Peter G. Peterson's op-ed on health costs that appeared earlier this week in The Financial Times.

www.pgpf.org
Questions America must ask on health costs - an editorial piece by Peter G. Peterson
Belanne
Belanne
Kudos to Mr. Henigen for pointing out that obesity is a symptom, not a disease.
October 16 at 10:38am
Edward Henigin
Edward Henigin
Jordan, ~20 grams of fructose/day is unlikely to be problematic, but Americans eat an average of >80 grams/day. Nutrition journals typically have horrible quality research and editing, instead follow endocrinology journals. It's all about the hormones. Fructose causes liver dysfunction which leads to whole-body insulin resistance which over time ... See Moreturns into diabetes. Omega-6 fats also cause liver dysfunction, leading to the same outcome, as well as various other problems, eg heart disease. I do not back off of my belief that you could vastly reduce diabetes and heart disease by limiting consumption of fructose and omega-6 fats to levels consumed prior to ~1800.
October 16 at 2:27pm
Peter G. Peterson Foundation

Peter G. Peterson Foundation In case you missed it - PGPF announces National Youth Summit. If you're 18-34 and are concerned about
America’s fiscal future check out
or share this link: http://bit.ly/19zn9v Application Deadline is 10/17.

bit.ly
Now more than ever, our policymakers must understand that the important decisions they make to solve America's immediate economic challenges can impact our nation's fiscal future, ultimately affecting our children and grandchildren.
Steve Pyper
Steve Pyper
Amanda!!! Check this out....you'd really get into a cause like this. It affects YOUR GENERATION!!!
October 15 at 1:53pm
Peter G. Peterson Foundation
www.austindailyherald.com
"The National Debt Threat” — a Rochester-based, non-partisan grassroots group of people working to share how serious our national debt situation is, and arm people with simple actions that can be done ...
Doug Pederson
Doug Pederson
I am really glad that there are other folks paying attention. I'm almost certain they are youngerpeople - and that's good because THEY are the ones really getting hosed!
October 8 at 3:43pm
Paul
Paul
If people actually had to start writing checks for their taxes, we'd see more public outcry.

When it comes to saving, you've probably heard people say, "Pay yourself first! You'll learn to live without that money when you don't even see it!"

Same goes for taxes.... See More

You earn $1,000, but you get to put your hands on maybe $600 of it, and you learn to live with that $600. But if you had to write checks -- REAL checks -- for federal/state/FICA taxes, you'd see a "tea party" the likes of which you never imagined.

Thing is, most people have no idea what the debt it, or how it's forecast to grow, or what their "share" is. I like to look at it in terms of dollars per tax-paying household -- and the number is frightening.

We really do need to get the word out -- and fast.
October 8 at 3:48pm
Peter G. Peterson Foundation
As the world's leaders discuss the world's problems in Pittsburgh, Steven R. Weisman breaks down what's at stake — climate change, economic recovery, banking reform ...
Casey
Casey
how about instead of hoping china will change its economy, we shift away from a consumer based one ourselves? hmm.
October 1 at 11:17am
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Peter G. Peterson Foundation changed their Website.