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The Peter G. Peterson Foundation is a nonpartisan, nonprofit organization focused on building a brighter economic future for all Americans. Browse news from the Foundation, and read about our upcoming events.

Analysis
Higher Interest Rates and the National Debt

Higher short- and long-term Treasury rates mean that the federal government’s borrowing costs will also rise, thereby generating significant consequences for the budget and the national debt.

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February 1, 2023
Blog Posts
Should We Eliminate the Social Security Tax Cap? Here Are the Pros and Cons

There have been a number of proposals to increase, eliminate, or otherwise adjust the payroll tax cap as a way to shore up Social Security’s finances.

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January 30, 2023
Blog Posts
Why Are Americans Paying More for Healthcare?

High healthcare spending is not necessarily a bad thing, especially if it leads to better health outcomes. However, that is not the case in the United States.

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January 30, 2023
Blog Posts
How the Lack of Action on the Debt Limit Can Hurt the Economy

Even if Congress raises the debt limit and avoids default, last-minute brinksmanship alone has the potential to create economic damage.

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January 23, 2023
Analysis
Debt Ceiling Update: What’s at Stake

If lawmakers do not agree on raising or suspending the debt limit before the extraordinary measures are exhausted, there would be severe consequences for both the federal government and the economy.

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January 20, 2023
Blog Posts
What Are the Treasury’s “Extraordinary Measures”?

As the U.S. reaches its debt ceiling, the Department of the Treasury is now using “extraordinary measures” to keep the federal government from defaulting on its debts.

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January 19, 2023
Infographics
What Is the Debt Limit?

Increasing the debt limit allows the Treasury to borrow funds to pay for government obligations that have already been incurred as the result of laws and budgets approved by the President and Congress.

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January 18, 2023
Blog Posts
Without Reform, Social Security Could Become Depleted by 2033

As the largest program in the federal budget, Social Security is a critical part of our nation’s fiscal picture and vital to millions of elderly recipients.

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January 12, 2023
Blog Posts
76 Options to Reduce the Federal Deficit

There’s no doubt America’s fiscal problems are serious and significant, but CBO’s assortment of options offers lawmakers a deep playbook of spending and revenue changes that would put us on a better path.

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January 9, 2023
Press Releases & Statements
New Year’s Resolution: 9 in 10 Voters Say Leaders in Divided Government in 2023 have a Responsibility to Work Together on National Debt

“Across party lines, vast majorities of voters believe that divided government brings an important responsibility for our leaders to work together to secure our fiscal future,” said Michael A. Peterson, CEO of the Peterson Foundation.

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January 5, 2023
Blog Posts
What is a Continuing Resolution?

A continuing resolution is a temporary funding measure that Congress can use to fund the federal government for a limited amount of time.

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January 3, 2023
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Expert Views: Inflation, Interest & the National Debt

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National Debt Clock

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