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
Lawmakers are Running Out of Time to Fix Social Security
Without reform, Social Security could be depleted as early as 2032, with automatic cuts for beneficiaries.
What Is the National Debt Costing Us?
Programs that millions of Americans depend on and care about may be feeling a squeeze from interest costs on our high and rising national debt.
Interest Costs on the National Debt Are Reaching All-Time Highs
The most recent CBO projections confirm once again that America’s fiscal outlook is on an unsustainable path — increasingly driven by higher interest costs.