Peter G. Peterson Foundation

Congratulations to the winners of Students Face Up to the Nation's Finances fall 2008 student contest!

Students Face Up to the Nation's Finances challenged college students to examine the causes and potential consequences of our growing national debt and explore possible solutions. The winning essays and short videos can be found here.

Acclaimed documentary film director Patrick Creadon's worlds collided on Sunday, December 21 when the title of his latest film, I.O.U.S.A., popped up as the answer to 2D in that day's New York Times crossword puzzle. The clue:...

This week, the Peter G. Peterson Foundation held its inaugural policy conference, the 2030 Summit, in New York City. Leading economic thought leaders, including Former Federal Reserve Chairmen Alan Greenspan and Paul Volcker, and Former US...

President-elect Barack Obama's historic victory was not only a testament to his incredibly organized 2.0 campaign and his outstanding communication skills - it also was a reminder of the awesome power of the American people to...

Now that the campaign is over, our national argument about future spending, taxing, and borrowing policies can be joined in earnest.

On one side are the deficit hawks. They are alarmed by the national debt, which mounts with each year...

Last month, we reported that many Americans were having trouble paying medical bills, or had even accumulated medical debt. Now, ...

Baby boomer, Washington Post/Newsweek editor and established columnist Bob Samuelson has one message this morning for Americans under 35: "You're being played for chumps."

That's the opening line of his...

Would you like to see a disturbing example of what happens if no one is willing to lend the national government money? We can look to recent events in Hungary, whose...

Even in the biggest financial recession since the Great Depression, one group of Americans is investing in a new project -- one bright, shining beacon for midtown Manhattan, set to be unveiled in 2009...

Unfortunately, it's a new debt clock. We've run out of room on the old one.

Everyone in America seems to have an opinion on the proposed bailout. Yet not many of us are asking from where, exactly, that vast sum will come.

This money won't be minted out of thin air, but in fact borrowed largely from a Rolodex of foreign creditors, who already control a significant share of our debt.