Charts
Apr 25, 2023
U.S. Defense Spending Compared to Other Countries
The United States spends more on defense than the next 9 countries combined.
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Explainers
Understanding the Budget
Policymakers use the federal budget process to establish spending priorities and identify revenue to pay for those activities.
https://www.pgpf.org/finding-solutions/understanding-the-budget
Grants
PGPF Convenes Leaders On Fiscal Cliff Solutions
In January 2013, a series of tax increases and spending cuts are slated to go into effect automatically and all at once. Many are calling this major fiscal policy shift the "Fiscal Cliff." If all of the changes are allowed to proceed, future budget deficits would be substantially reduced. However, the nonpartisan Congressional Budget Office has forecast that the economy would be thrown into recession in 2013 — an outcome that threatens our still-fragile economic recovery.
Programs & Projects
What Does The National Debt Mean For America's Future?
America faces many critical questions about its future. As we continue to confront a global pandemic with devastating impacts on our health, economy and society, an effective federal response is necessary to help address critical needs and get our economy back on track.
https://www.pgpf.org/what-does-the-national-debt-mean-for-americas-future
Programs & Projects
Voters' Fiscal Guide 2020
With the national debt at $26 trillion and counting, the nation’s fiscal health is a key issue for the 2020 campaign.
Explainers
Budget Basics: Spending
Federal Spending in the federal budget can be divided into three categories: mandatory, discretionary, and interest. Learn how these categories have changed over time.
https://www.pgpf.org/finding-solutions/understanding-the-budget/spending
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The Latest
The Peter G. Peterson Foundation is a nonpartisan, nonprofit organization focused on building a brighter economic future for all Americans. Browse news from the Foundation, and read about our upcoming events.
Infographics
Jan 2, 2024
The National Debt Is Now More than $34 Trillion. What Does That Mean?
Although the debt affects each of us, it may be difficult to put such a large number into perspective and fully understand its implications.
https://www.pgpf.org/infographic/the-national-debt-is-now-more-than-34-trillion-what-does-that-mean
About the Peterson Foundation
The Fiscal Summit
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.
About the Peterson Foundation