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The U.S. spent $820 billion on national defense during fiscal year (FY) 2023 according to the Office of Management and Budget, which amounted to 13 percent of federal spending.
https://www.pgpf.org/budget-basics/budget-explainer-national-defense
NEW YORK — The Peter G. Peterson Foundation’s final Fiscal Confidence Index for 2013 shows that American voters hold deep concerns about the nation’s long-term fiscal health, continuing a consistent 12-month trend.
Reporting to the Senior Manager, Grant Operations, this position is a key contributor to the grantmaking function of the Foundation.
https://www.pgpf.org/about/careers/associate-grant-operations
“As lawmakers rightly continue to pursue policies that help our nation respond to the immediate health and economic crisis, voters are also showing increased concern about our deteriorating fiscal outlook,” said Michael A. Peterson, CEO of the Peterson Foundation.
https://www.pgpf.org/press-release/2020/07/fci-press-release
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
The Peter G. Peterson Foundation’s Fiscal Summit is the premier annual gathering dedicated to addressing our nation’s long-term debt and improving our economic future. Debuting in 2010, the Summit is a key event for the foundation to build consensus and support for putting America on a sustainable fiscal path.
This panel convened voices from the private sector and academia to analyze the risk that high and rising debt poses to our economic future.
The nonpartisan CBO projects that the federal debt would reach 183% of GDP within 25 years.
https://www.pgpf.org/analysis/congressional-budget-offices-2014-long-term-budget-outlook
With important fiscal deadlines looming in coming weeks, the nation’s fiscal outlook remains a top concern for American voters.
https://www.pgpf.org/press-release/2015/10/fci-press-release