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Once Aware of Upcoming Automatic Cuts to Social Security, 97% Agree Lawmakers Should Act
“Voters understand that ‘not touching’ Social Security is not an option because automatic cuts are unacceptable and waiting only makes the problem more costly and difficult to solve,” said Michael A. Peterson.
READ MORE May 30, 2024
Statement on 2024 Trustees Reports
“Today’s Trustees reports drive home the fact that the clock is ticking down on automatic cuts to Social Security and Medicare," said Michael A. Peterson.
READ MORE May 6, 2024
Election 2024: Voters want Candidates Ready to Act on Fiscal Issues
“Today’s new survey shows that fiscal concerns are top of mind in this election, and they want leaders who are committed to solutions,” said Michael A. Peterson.
READ MORE April 25, 2024
With Interest Growing Rapidly, US Fiscal Confidence Falls Again
“The national debt is already $34 trillion, but as it grows over the next three decades, we’ll spend more than double that on interest alone,” said Michael A. Peterson.
READ MORE March 28, 2024
Peterson Foundation Statement on CBO Long-Term Budget Outlook
“As Washington navigates short-term budget battles, our long-term fiscal outlook keeps getting more and more dangerous," said Michael A. Peterson.
READ MORE March 20, 2024
Up to Us: 12th Annual Competition Winners

Up to Us is a nationwide college campus competition for students to build a movement to raise awareness and engagement on America’s long-term fiscal and economic challenges.

READ MORE March 13, 2024
Peterson Foundation Statement on President’s Budget
“We need our leaders to rise to the urgency of the moment, but legislative gridlock continues to prevent progress on even the basics of budgeting," said Michael A. Peterson.
READ MORE March 11, 2024
U.S. Fiscal Confidence Dips as Lawmakers Face Shutdown Deadlines, and Interest Costs Surge
“Earlier this month, the Congressional Budget Office released new data showing that interest costs in 2024 will total a staggering $870 billion, a jump of 32 percent and more than $2 billion per day,” said Michael A. Peterson.
READ MORE February 29, 2024
Peterson Foundation Statement on New CBO Report
"Today’s CBO projections are the latest loud and clear warning about America’s unsustainable national debt," said Michael A. Peterson.
READ MORE February 7, 2024
As Fiscal Confidence Index Remains Low, New Polling Shows Overwhelming Bipartisan Support for Fiscal Commission
“As the 2024 campaign heats up, voters are calling on candidates to show leadership by backing a fiscal commission to address our unsustainable national debt,” said Michael A. Peterson.
READ MORE January 25, 2024
Peterson Foundation Statement on Fiscal Commission Bill Passing House Budget Committee
"Committee passage of the Fiscal Commission Act is an important step toward a comprehensive approach to stabilizing our rapidly growing national debt," said Michael A. Peterson, CEO of the Peter G. Peterson Foundation.
READ MORE January 18, 2024
As New Year Begins, 8 in 10 Voters Call on Washington to Prioritize Reducing National Debt
“Sadly, we rung in the new year reaching a new record milestone of $34 trillion in national debt,” said Michael A. Peterson.
READ MORE January 5, 2024
Peterson Foundation Statement on National Debt Surpassing $34 Trillion
"We are beginning a new year, but our national debt remains on the same damaging and unsustainable path," said Michael A. Peterson, CEO of the Peter G. Peterson Foundation.
READ MORE January 2, 2024

Expert Views: Fiscal Commission

We asked experts with diverse views from across the political spectrum to share their perspectives.

National Debt Clock

See the latest numbers and learn more about the causes of our high and rising debt.