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

Press Releases & Statements
Voters Across Party Lines Hold Serious Concerns About Nation’s Fiscal Condition as U.S. Debt Continues To Rise

“The vast majority of Americans across party lines continue to urge national leaders to manage the debt,” said Michael A. Peterson, CEO of the Peterson Foundation.

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March 26, 2019
Press Releases & Statements
Peterson on February Deficit: The Definition of Unsustainable

Michael A. Peterson, CEO of the Peter G. Peterson Foundation, commented today following the release of the Monthly Treasury Statement, which showed a deficit of $234 billion.

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March 22, 2019
Press Releases & Statements
In Washington, D.C. Today: US 2050 Conference Explores Trends that Will Shape America’s Future

Unique Research Project from Peterson Foundation and Ford Foundation Convenes Authors of 31 New Papers Exploring America’s Most Significant Long-Term Challenges

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March 22, 2019
Press Releases & Statements
Media Advisory: US 2050 Conference

Leading experts, scholars will discuss 31 new research papers on trends that will shape America’s future economy and society.

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March 18, 2019
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 U.S.

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March 15, 2019
Blog Posts
The President's Budget Reduces Debt a Little, But Only If Growth Is Rosier than Projected

Although the budget would achieve some deficit reduction on paper under the administration’s calculations, it fails to address the key drivers of our long-term debt and relies on overly-optimistic assumptions for economic growth.

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March 11, 2019
Press Releases & Statements
Peterson Foundation Statement on President’s Budget

“Today’s proposal marks the beginning of the budget process, and it’s clear that there’s more work to do,” said Michael A. Peterson, CEO of the Peterson Foundation.

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March 11, 2019
Infographics
Infographic: 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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March 4, 2019
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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February 28, 2019
Blog Posts
Economic Growth Was Stronger in 2018 than in 2017

Growth over the next few years is expected to slow as the recent fiscal stimulus wanes.

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February 28, 2019
Press Releases & Statements
As National Debt Reaches $22 Trillion, Voters Are Deeply Concerned about America’s Fiscal Outlook

“The vast majority of Americans across party lines, including younger voters, are calling on the President and Congress to take action on our national debt,” said Michael A. Peterson, CEO of the Peterson Foundation.

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February 26, 2019
Analysis
Top 10 Reasons Why the National Debt Matters

At $22 trillion and rising, the national debt threatens America’s economic future. Here are the top ten reasons why the national debt matters.

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February 25, 2019
Blog Posts
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.

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February 19, 2019
Blog Posts
Three Reasons Why a Government Shutdown Is Harmful

It may be counterintuitive, but government shutdowns are expensive. They are also bad for the economy.

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February 14, 2019
Press Releases & Statements
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.

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February 12, 2019
Infographics
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.

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February 12, 2019
Press Releases & Statements
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.

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February 5, 2019
Analysis
CBO Report Highlights Unsustainable Fiscal Outlook

The federal budget is on an unsustainable and damaging fiscal trajectory, according to a new report from the non-partisan Congressional Budget Office.

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February 1, 2019
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 30, 2019
Press Releases & Statements
Record Drop in Americans’ Fiscal Confidence Amid Shutdown Battle and Partisan Gridlock

“Washington’s failure to address the national debt and critical budgetary issues has a direct negative effect on Americans’ confidence,” said Michael A. Peterson, CEO of the Peterson Foundation.

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January 29, 2019
Blog Posts
Five Charts that Summarize CBO’s Budget and Economic Outlook

Despite a growing economy and low unemployment, federal budget deficits are projected to grow over the next 10 years.

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January 28, 2019
Press Releases & Statements
Peterson Foundation: CBO Confirms Dangerous Fiscal Path

“CBO has once again provided clear evidence that we must do something about America’s dangerous fiscal situation," Michael A. Peterson, CEO of the Peter G. Peterson Foundation, said.

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January 28, 2019
Press Releases & Statements
Peterson Foundation Statement on Temporary End to Shutdown

“This shutdown has negatively affected the lives of millions of Americans, disrupted essential government services, and unnecessarily harmed the economy." Michael A. Peterson, CEO of the Peter G. Peterson Foundation, said.

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January 25, 2019
Infographics
Infographic: Long-Term Debt and Its Drivers

Putting our nation on a sustainable fiscal path creates a positive environment for growth, opportunity, and prosperity. Unfortunately, America is on a dangerous long-term fiscal path.

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January 23, 2019
Blog Posts
Here Are Some Ways the Shutdown Is Hurting Americans and the Economy

Since the shutdown began, about 800,000 federal employees have been furloughed or are working without pay.

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January 11, 2019
Press Releases & Statements
Peterson Foundation Statement on House Rules Package and Return to PAYGO

“This new rules package includes important reforms that can help encourage fiscal responsibility." Michael A. Peterson, CEO of the Peter G. Peterson Foundation, said.

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January 4, 2019
Blog Posts
The House is returning to PAYGO

Budget process rules like PAYGO help ensure that fiscal considerations are an important part of policymaking.

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January 4, 2019
Press Releases & Statements
Vast Majority of Americans Urge President and New Congress to Make Nation’s Fiscal Challenges a Top Priority

With a new Congress set to convene in the midst of a costly government shutdown, Americans hold deep concerns and a widespread belief that the country is moving in the wrong direction when it comes to the national debt.

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January 3, 2019
Blog Posts
Can a New Congress — and a Divided Government — Make Progress on Fiscal Challenges?

The 116th Congress also marks a return to divided government with the Senate controlled by Republicans and the House by Democrats. This new landscape in Washington means there is both a requirement and a valuable opportunity for lawmakers to work together on fiscal solutions.

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January 2, 2019
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FISCAL ISSUES ILLUSTRATED

This series of infographics helps put some of today's most pressing fiscal debates in context.

The National Debt Is Now More than $22 Trillion

With this unfortunate milestone, building a sustainable economic future becomes more challenging.