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A Brighter Future

At the Peter G. Peterson Foundation, we believe that together we can secure a healthy, growing economy by addressing America's long-term fiscal challenges.

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National Debt

The National Debt Is Now More than $22 Trillion. What Does That Mean?

With this unfortunate milestone, building a sustainable economic future becomes more challenging.

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Capitol building

Five Charts that Summarize CBO’s Budget and Economic Outlook

Despite a growing economy and low unemployment, federal budget deficits are projected to grow over the next 10 years.

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Skyscrapers

The Risks of Running Up Deficits When The Economy is Good

The federal deficit is growing during a period of economic expansion — a pattern that is highly unusual.

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Peter G. Peterson

Our Founder

Pete Peterson (1926–2018) established the Foundation to help solve the nation’s fiscal challenges and preserve the American Dream that he was so fortunate to have lived. We carry on his legacy with passion and pride.

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The Fiscal Challenge

$22,020,113,259,723.01 USD

America’s growing long-term debt affects economic growth and opportunities for future generations. It’s not a political or partisan issue — it’s simple math. With nearly 76 million baby boomers retiring and living much longer, combined with a highly inefficient healthcare system, and a tax code that fails to generate sufficient revenues, America finds itself with a very risky long-term fiscal outlook.

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Finding Solutions

We believe that by working together, we can create comprehensive, bipartisan solutions to address our fiscal challenges. We work to bring Americans together to find and implement sensible, long-term fiscal solutions for a strong, healthy economy that transcend age, party lines, and ideological divides in order to achieve real results.

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What We’re Doing

We are a non-partisan organization dedicated to increasing awareness and accelerating action on America’s long-term fiscal challenges. We partner with like-minded organizations and experts to support innovative programs and projects that provide accurate, objective analysis, and promising fiscal solutions.

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What You Can Do

The time to act is now. Education is key — it’s critical that Americans understand what’s at stake and the tradeoffs that are needed to get our country back on a sustainable fiscal path to a growing economy. We also have to make a commitment to support our elected leaders from both parties who want to do the right thing.

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News & Viewpoints on Fiscal & Economic Policy