Forum Post: Wall Street billionaire Pete Peterson is scheming to "Fix the Debt," but if he wins, we lose.
Posted 2 years ago on Feb. 25, 2013, 7:23 p.m. EST by GirlFriday
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The Campaign to Fix the Debt is the latest incarnation of a decades-long effort by former Nixon man turned Wall Street billionaire Pete Peterson to slash earned benefit programs such as Social Security and Medicare under the guise of fixing the nation's "debt problem." Through this special report -- and in partnership with The Nation magazine -- the Center for Media and Democracy exposes the funding, the leaders, the partner groups, and phony state "chapters" of this $60 million "astroturf supergroup," whose goal is to achieve a grand bargain on austerity by July 4, 2013.