Foundation Projects
Learn about Peterson Foundation projects designed to address America's long-term fiscal and economic challenges.
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Learn about Peterson Foundation projects designed to address America's long-term fiscal and economic challenges.
At $19 trillion and growing, the national debt is threatening to harm our economy. In just over a decade, interest on the debt will become our third largest federal program — crowding out investments in critical programs like education, infrastructure, and R&D. But there's still time to secure our future.
The seventh annual Fiscal Summit was held on May 11, 2016 in Washington DC, convening leading experts and policymakers to examine the state of economic opportunity in America today.
https://www.pgpf.org/what-we-are-doing/fiscal-summit/2016-fiscal-summit
A strong fiscal outlook is an essential foundation for a growing, thriving economy – but our current debt-to-GDP ratio is the highest it has been since 1950.
https://www.pgpf.org/infographic/infographic-the-fiscal-state-of-play
“America’s high and rising national debt threatens our economy, and must be included in the policy conversation this year," said Michael A. Peterson, President and CEO of the Peter G. Peterson Foundation.
https://www.pgpf.org/press-release/2017/03/statement-on-cbo-2017-long-term-budget-outlook
Under current law, federal debt is now projected to reach 150 percent of GDP within 30 years — by far an all-time high.
Lawmakers are considering significant reforms in a number of key policy areas, including healthcare reform, tax reform, infrastructure and more.
Understanding what’s happening on Capitol Hill requires an understanding of the Congressional budget process — which is notoriously technical, complex and arcane.