Analysis
Dec 5, 2011
After the Supercommittee, Fiscal Policy Questions Still Have to be Addressed
The end of the supercommittee doesn’t mean the end of the fiscal policy debate in Washington.
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Explainers
Aug 25, 2023
How Is K-12 Education Funded?
Public schools for students in kindergarten through 12th grade are financed through a combination of local, state, and federal dollars in proportions that vary across and within states.
https://www.pgpf.org/budget-basics/how-is-k-12-education-funded
Analysis
Nov 17, 2011
Long-Term Implications of the Budget Control Act of 2011
Over the next 10 years, the spending caps are projected to reduce deficits by approximately $900 billion, and the Supercommittee is charged with finding $1.5 trillion of additional savings.
https://www.pgpf.org/analysis/long-term-implications-of-the-budget-control-act-of-2011
Explainers
Oct 23, 2012
Defense Cuts and Deficit Reduction | Issues in Brief
As policymakers consider how best to address our looming fiscal challenges, there is a growing debate about whether the U.S. can reduce defense spending without jeopardizing its national security.
Charts
Oct 26, 2021
Trends in Income Growth, After Transfers and Taxes
Income growth since 1979 is larger for high-income earners, even when including transfers and taxes.
https://www.pgpf.org/chart-archive/0059_income-growth-disparity
Press Releases & Statements
Aug 26, 2020
As Election Nears, Voters Understand Fiscal Outlook Is Key Issue for Nation’s Future
“In the short term, nothing is more important to our economy and our health than defeating this virus, but Americans understand that we will need to return our attention to the nation’s fiscal health once the crisis has passed,” said Michael A. Peterson, CEO of the Peterson Foundation.
https://www.pgpf.org/press-release/2020/08/fci-press-release
Press Releases & Statements
Nov 2, 2011
Peter G. Peterson Foundation Report Shows Supercommittee Must “Go Big” and “Go Long” to Achieve Long-Term Fiscal Sustainability
The Peterson Foundation cited new projections which demonstrate that $1.2 trillion in deficit reduction that fails to address the fundamental drivers of our growing debt will not stabilize the level of debt relative to the economy, which is the real test of any long-term fiscal plan.
Infographics
Fiscal Issues Illustrated
Lawmakers are considering significant reforms in a number of key policy areas, including healthcare reform, tax reform, infrastructure and more.
Explainers
Sep 28, 2013
Taxes | PGPF Fiscal Issue Primers
Each year, some of the revenue the federal government collects comes from various taxes. In 2012, taxpayers paid almost $2.5 trillion, which the government used to partially fund $3.5 trillion worth of spending on Social Security, health care, and other programs in areas such as defense and education. The remainder of spending was funded through deficits.
Press Releases & Statements
Nov 21, 2011
Peter G. Peterson on Reports of Supercommittee Failure to Reach Agreement
Peter G. Peterson releases a statement on reports of supercommittee failure to reach an agreement.