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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 our latest content and updates.

News

May 4, 2026

Budget Basics: What Is the Earned Income Tax Credit?

The earned income tax credit (EITC) is a measure administered through the tax code to address poverty.

April 30, 2026

Peterson Foundation Statement on National Debt Surpassing 100% of GDP

“Once again, America has hit an alarming fiscal milestone that highlights our dangerous and unsustainable outlook.”

April 30, 2026

The Fed Held Its Target Range For the Third Meeting in a Row but Interest Costs Remain High 

High interest rates on U.S. Treasury securities increase the federal government’s borrowing costs.

April 30, 2026

Growing National Debt and Affordability Are Key Issues for 2026 Election

“The rising national debt has effectively become a kitchen table issue for Americans,” said Michael A. Peterson.

April 28, 2026

How Much Does the Government Spend on International Affairs?

Federal spending for international affairs, which supports American diplomacy and development aid, is a small portion of the U.S. budget.

April 28, 2026

What Is Inflation and Why Does It Matter?

Here’s an overview of inflation, why it matters, and how it’s managed.

April 20, 2026

5 Key Facts About Rising Healthcare Spending in the United States

Healthcare spending in the United States is a key driver of the nation’s fiscal imbalance and has risen notably over the past few decades.

April 16, 2026

The Highway Trust Fund Explained

The funding structure of the Highway Trust Fund requires serious, long-term changes, but how to approach reform remains a topic of debate.

April 15, 2026

Quiz: How Much Do You Know About the Federal Budget?

A strong fiscal outlook is an essential foundation for a growing, thriving economy. Take our quiz to see how much you really know about the federal budget.

April 14, 2026

What Is Stepped-Up Basis on Capital Gains and How Does It Affect the Federal Budget?

The step-up in basis is a provision in tax law that relates to how assets — such as stocks, bonds, or real estate — are valued and taxed after their owner passes away.