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Report: U.S. Debt a Drag on Competitiveness

A new report highlights the economic competitiveness and strength of North America — but warns that fiscal policy in the poses a challenge to growth.

About the Peterson Foundation

The Peterson Foundation is a nonpartisan organization dedicated to addressing America’s long-term fiscal challenges to ensure a better economic future.

Our National Debt

America’s fiscal health and economic strength are closely linked. Learn more about the drivers of our national debt and its economic impact.

Careers: Senior Manager, Programs

The Senior Manager supports strategy implementation and drives operational excellence for the Next Gen portfolio.

It’s Rare for Revenue Growth to Be This Weak

Revenues in 2018 didn’t even keep up with inflation, much less growth in nominal gross domestic product.

How Much Do We Spend on the Federal Workforce?

Here, we examine the federal government’s expenditure on its workforce, the evolution of its size over time, and the opportunities for budget savings.

Fiscal Confidence Remains Low as Americans Look ahead to 2021

Seven in 10 voters believe addressing the $27.5 trillion national debt should be a top-three priority, including 63% of Democrats, 72% of independents and 78% of Republicans.

Smart Fiscal Policies for a Better Future

“This is the moment to strengthen the social insurance system and to enact an ambitious federal investment package, while raising tax revenue and cutting back on spending in ways that would largely offset those costs,” writes Wendy Edelberg.

CBO Report Highlights America’s Unsustainable — and Deteriorating — Fiscal Outlook

The latest report from the nonpartisan Congressional Budget Office (CBO) reiterates that the federal budget is on an unsustainable trajectory.

Does Fiscal Policy History Rhyme?

Gridlock “means ever rising debt as a share of GDP, the prospect of economic turmoil, and lower living standards than otherwise for our children and grandchildren,” writes G. William Hoagland.