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In Tribute

The Peter G. Peterson Foundation mourns the loss of its Founder and Chairman, Pete Peterson, who died March 20, 2018, at the age of 91.

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Money

A Return to Trillion Dollar Deficits

The Congressional Budget Office reports that the fiscal outlook is dramatically worse than it was last year.

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Capitol rotunda

Budget Process Reform: What Are Budget Caps?

Budget caps will likely be part of discussions on budget process reform. Here’s some background on the origin and recent history of those caps.

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President's Budget

Budget Process Reform Principles

Here are principles for reform to help ensure that our budget process is conducive to fiscally responsible policymaking.

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Capitol building

A Guide to Complex Budget Processes

Understanding what’s happening on Capitol Hill requires an understanding of the Congressional budget process.

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The Fiscal Challenge

$21,079,825,622,461.71 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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