Charts
Feb 23, 2019
Debt & Deficits, 1853–2048
Historically, debt and deficits rose with wars and economic downturns. Soon, they'll rise from unfunded entitlements.
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Charts
Feb 22, 2019
Federal Revenue & Spending, 1984-2049
The growing debt is caused by a structural mismatch between spending and revenues.
Blog Posts
Feb 19, 2019
State Budgets Also Face Tough Fiscal Challenges
The 50 U.S. states pull in over $2 trillion in revenue each year and, along with local governments, employ nearly 20 million people. A new report sheds light on budgets at the state level, grading performance and identifying best practices for improvement.
https://www.pgpf.org/blog/2019/02/state-budgets-also-face-tough-fiscal-challenges
Blog Posts
Feb 14, 2019
Three Reasons Why a Government Shutdown Is Harmful
It may be counterintuitive, but government shutdowns are expensive. They are also bad for the economy.
https://www.pgpf.org/blog/2018/09/three-reasons-why-a-government-shutdown-is-harmful
Press Releases & Statements
Feb 12, 2019
Peterson Foundation Statement on National Debt Reaching $22 Trillion
“Reaching this unfortunate milestone so rapidly is the latest sign that our fiscal situation is not only unsustainable, but accelerating," Michael A. Peterson, CEO of the Peter G. Peterson Foundation, said.
Infographics
Feb 12, 2019
The National Debt Is Now More than $22 Trillion. What Does That Mean?
Although the debt affects each of us, it may be difficult to put such a large number into perspective and fully understand its implications.
https://www.pgpf.org/infographic/the-national-debt-is-now-more-than-22-trillion-what-does-that-mean
Press Releases & Statements
Feb 5, 2019
Peterson: State of the Union Address Must Acknowledge Dangerous Fiscal Outlook
“No review of the state of our union is complete without acknowledging our nation’s high and rising debt," Michael A. Peterson, CEO of the Peter G. Peterson Foundation, said.
Budget Basics
Solutions to Our Long-Term Fiscal Challenges
Solutions to the fiscal challenge must be long-term, bipartisan budget solutions that can be implemented gradually. Discover some of the comprehensive plans proposed, as well as policy options for individual parts of the budget that merit consideration.
Budget Basics
Understanding the Budget
Policymakers use the federal budget process to establish spending priorities and identify revenue to pay for those activities.
https://www.pgpf.org/finding-solutions/understanding-the-budget
Budget Basics
Key Drivers of the National Debt
Many factors contribute to the long-term outlook for the U.S. economy and budget, but there are two major drivers of spending: demographics and rising healthcare costs.
https://www.pgpf.org/the-fiscal-and-economic-challenge/drivers