A New Way To Look At Our National Debt
Today, we’re launching an original series of interactive data visualizations that are a new way to look at our national fiscal picture. We’re proud to release the first in the series, “Long-Term Debt: An Unsustainable Future,” which shows that while we’ve made some short-term, modest improvements, we still haven’t addressed the major drivers of our long-term debt.
Click here to watch and interact with “Long-Term Debt: An Unsustainable Future.” Let us know what you think, and stay tuned for future editions, examining additional topics, coming soon.
About the Peter G. Peterson Foundation
The Peter G. Peterson Foundation is a nonprofit, nonpartisan organization established by Pete Peterson – businessman, philanthropist, and former U.S. Secretary of Commerce. The Foundation is dedicated to increasing public awareness of the nature and urgency of key long-term fiscal challenges threatening America’s future and to accelerating action on them. To address these challenges successfully, we work to bring Americans together to find and implement sensible, long-term solutions that transcend age, party lines and ideological divides in order to achieve real results. To learn more, please visit www.PGPF.org.
Further Reading
United States Is Borrowing at a Higher Rate than the Global Average, Warns IMF
New IMF reports serve as a warning to all countries that global fiscal and economic conditions are veering into dangerous territory.
News from the Quarterly Treasury Refunding Statement
As borrowing has risen, the Treasury has generally been increasing the proportion of bills (maturity of one year or less) in its portfolio of marketable securities.
Quiz: How Much Do You Know About the U.S. Tax System?
The lengthy and complex United States tax code can be difficult to understand. Take our quiz to see how much you really know.