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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

April 2, 2026

Infographic: How the U.S. Tax System Works

One issue that most lawmakers and voters agree on is that our tax system needs reform.

March 31, 2026

Chart Pack: Fiscal Outlook

The national debt is already at its highest level since just after World War II, and annual deficits are on an upward trajectory.

March 26, 2026

Fiscal Confidence Falls to 21-Month Low, as National Debt Soars Past $39 Trillion

“The national debt surpassing $39 trillion is a clear warning that it’s time for a fiscal course correction,” said Michael A. Peterson.

March 23, 2026

What Is the Premium Tax Credit?

The premium tax credit reduces the cost of health insurance for millions of Americans. It is also one of the largest federal tax expenditures.

March 20, 2026

National Debt Projected to Hit 175% GDP; Interest Totals $99 Trillion

Compared with the previous 30-year projections, spending will be higher, revenues lower, interest rates and interest payments elevated, and the national debt significantly larger.

March 20, 2026

Federal Healthcare Costs on Track to Reach $3.1 Trillion by 2036

Federal healthcare programs are among the fastest-growing drivers of federal spending, and their continued growth will put significant upward pressure on the national debt.

March 19, 2026

Quarterly Treasury Refunding Statement: Higher Borrowing Compared to Last Year 

Key highlights from the most recent Quarterly Refunding include an increase in anticipated borrowing of $249 billion compared to the same period in the previous year.

March 19, 2026

Social Security’s Funding Gap is 1.3% of GDP — Here’s How We Can Close It

Social Security is an integral part of the nation’s fiscal picture and a vital economic lifeline for millions of recipients.

March 18, 2026

The Federal Government Has Borrowed Trillions. Who Owns All that Debt?

Most federal debt is owed to domestic holders, but foreign ownership is much higher now than it was about 50 years ago.

March 18, 2026

With $39 Trillion in Debt, Is the U.S. Headed for More Credit Downgrades?

Three successive downgrades of the U.S. credit rating should alarm elected leaders, but our national debt remains on an unsustainable trajectory.