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The Peter G. Peterson Foundation is a nonpartisan, nonprofit organization focused on building a brighter economic future for all Americans. Browse our latest content and updates.

News

June 11, 2026

Delaying Fiscal Reform is Costly, Annual Treasury Report Warns

The Treasury projects that debt as a percentage of GDP will grow to more than five times the size of the U.S. economy in the next 75 years.

June 10, 2026

Senators We Elect in 2026 Will Have to Deal with Automatic Social Security Cuts

Without congressional action within the next six years, millions of Social Security recipients will face an automatic benefit cut of approximately 22 percent.

June 10, 2026

Medicare’s Hospital Insurance Trust Fund Could Be Exhausted in 7 Years

Without reform, Medicare spending will continue to rise over the coming years — threatening the HI Trust Fund and placing immense pressure on the federal budget.

June 10, 2026

Despite Decades of Warnings, Depletion of Social Security’s Trust Fund Is Getting Closer

The depletion dates for Social Security and Medicare’s Trust Funds are rapidly approaching.

June 10, 2026

Debt vs. Deficits: What’s the Difference?

The words debt and deficit come up frequently in debates about policy decisions. The two concepts are similar, but are often confused.

June 9, 2026

Social Security Will Be Depleted By 2032, and Other Takeaways From the Trustees Report

Social Security’s primary trust fund is projected to be depleted by 2032, at which point, benefits for every recipient will be automatically cut by 22 percent.

June 9, 2026

Social Security and Medicare Trust Funds Will Be Depleted Within the Next Decade

The latest Trustees’ report projects that the Old-Age and Survivors Insurance Trust Fund will be depleted in 2032 — one year earlier than projected in the last two reports.

June 9, 2026

Peterson Foundation Statement on 2026 Trustees Reports

“If lawmakers fail to act, all Social Security recipients will face automatic, immediate benefit cuts of 22% in 2032, just six years from now.”

June 8, 2026

How Do Quantitative Easing and Tightening Affect the Federal Budget?

The Federal Reserve plays an important role in stabilizing the country’s economy.

June 4, 2026

5 Ways Rising National Debt Makes America Less Affordable

The rising debt contributes to higher inflation and interest rates, which can have significant negative consequences for American families and businesses.