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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
May 12, 2026
What Are Excise Taxes and How Do They Affect the Federal Budget?
Excise taxes are levied on specific goods or services. The largest excise taxes on the federal level are related to highways, aviation, tobacco, and alcohol.
May 12, 2026
Chart Pack: The U.S. Budget
A selection of key charts that give an overview of the major components in the U.S. federal budget.
May 7, 2026
The United States Spends More on Defense than the Next 6 Countries Combined
Defense spending by the United States accounted for nearly 40 percent of military expenditures by countries around the world.
May 4, 2026
Budget Basics: What Is the Earned Income Tax Credit?
The earned income tax credit (EITC) is a measure administered through the tax code to address poverty.
April 30, 2026
Peterson Foundation Statement on National Debt Surpassing 100% of GDP
“Once again, America has hit an alarming fiscal milestone that highlights our dangerous and unsustainable outlook.”
April 30, 2026
The Fed Held Its Target Range For the Third Meeting in a Row but Interest Costs Remain High
High interest rates on U.S. Treasury securities increase the federal government’s borrowing costs.
April 30, 2026
Growing National Debt and Affordability Are Key Issues for 2026 Election
“The rising national debt has effectively become a kitchen table issue for Americans,” said Michael A. Peterson.
April 28, 2026
How Much Does the Government Spend on International Affairs?
Federal spending for international affairs, which supports American diplomacy and development aid, is a small portion of the U.S. budget.
April 28, 2026
What Is Inflation and Why Does It Matter?
Here’s an overview of inflation, why it matters, and how it’s managed.
April 20, 2026
5 Key Facts About Rising Healthcare Spending in the United States
Healthcare spending in the United States is a key driver of the nation’s fiscal imbalance and has risen notably over the past few decades.