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Peterson Foundation: Sidestepping Social Security & Medicare Reform “Not an Option”

New York City-based Peter G. Peterson Foundation recently issued a statement addressing views on the debt ceiling proposals emerging from House Republican leadership and the bipartisan Problem Solvers Caucus. While citing encourgagement that the proposals offer “… fiscal reforms that would stabilize long-term deficits and debt,” CEO Michael A. Peterson further suggested that, “Absent reform, Social Security and Medicare will both be depleted within the next decade, so doing nothing is not an option.” Read the full text of CEO Peterson’s statement here… 

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