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Explore news and announcements from the Peter G. Peterson Foundation.
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Our charts frame the fiscal outlook of the U.S. government within a broad economic, political, and demographic context.
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Our polling tracks the public’s views about our fiscal and economic condition and the progress elected leaders are making in addressing it.
Latest Articles
National Debt Puts Upward Pressure on Inflation and Interest Rates
America’s unsustainable fiscal outlook can have “significant consequences for price stability, interest rates, and overall economic performance,” according to a new report.
Here’s What a Budget Gimmick Is and How to Spot One
Lawmakers should avoid the use of budget gimmicks, which can hide the true fiscal impact of legislation.
What Is the Farm Bill, and Why Does It Matter for the Federal Budget?
The Farm Bill provides an opportunity for policymakers to comprehensively address agricultural, food, conservation, and other issues.
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Chart Pack: Defense Spending
A selection of key charts on defense spending in the United States.
Infographic: The Facts About U.S. Defense Spending
National security is both a vital priority and a significant part of the federal budget.
Budget Basics: National Defense
The national defense budget funds a wide range of activities and represents a significant share of overall federal spending.
Spending on Veterans in the Budget
This piece examines spending on veterans within the budget and outlines the factors that have pushed it higher in recent years.
The United States Spends More on Defense than the Next 9 Countries Combined
Defense spending by the United States accounted for nearly 40 percent of military expenditures by countries around the world in 2023.
House Proposes Modest Increase in Defense Spending
The House Appropriations Committee approved a bill that would provide $761.7 billion in defense funding during fiscal year 2023 — a proposed increase of 5 percent.
What Are Overseas Contingency Operations?
Military activities are funded by federal appropriations. Learn more about how military spending is used to meet national priorities in war zones.