Peter G. Peterson Foundation

WASHINGTON — The Social Security Trust Fund is projected to run short of cash by 2033, one year earlier than projected last year, according to a report released Friday. The report followed a meeting of the Social Security and Medicare... Read More

WASHINGTON — With the nation’s debt standing at a record $29 million, a growing number of Americans are growing increasingly concerned that unsustainable federal spending will upend the economy and ultimately, their personal well-being, finds a new analysis from the... Read More

WASHINGTON - A Congressional Budget Office report estimating that persistent budget deficits will cause the federal debt to double in size over the next 30 years, "provides a troubling snapshot of America’s fiscal outlook, which we know will only get... Read More

WASHINGTON - Voters have grown more pessimistic about a quick "v-shaped" economic recovery in the wake of the coronavirus outbreak, especially in the south and west where the number of new cases have spiked recently, a new poll has found.... Read More

WASHINGTON - Despite the fact the White House and Senate were able to reach a deal on a roughly $2 trillion stimulus bill early Wednesday, the U.S. economy is still facing a huge shock to its system, the president of... Read More

The Peter G. Peterson Foundation launched an online hub on Tuesday to provide voters with everything they "need to know about the United States’ $23 trillion national debt," and why it matters for the 2020 campaign. The foundation has long... Read More

WASHINGTON - President Donald Trump's $4.8 trillion election year budget plan was largely panned on Capitol Hill and elsewhere Monday as just the latest example of a lack of fiscal discipline in the nation's capital. Trump’s fiscal 2021 plan does... Read More

WASHINGTON - The federal budget deficit will likely top $1 trillion this year, despite the continued strength of the U.S. economy, the nonpartisan Congressional Budget Office said Tuesday. The report follows an increase in new spending last year and the... Read More

WASHINGTON - Voters remain deeply concerned about Washington's wanton ways when it comes to spending and want leaders to take corrective action, a new survey by the Peter G. Peterson Foundation finds. The survey was conducted in December, just as... Read More

WASHINGTON - Representative Kevin Brady, R-Texas, one of the principal architects of the 2017 Republican tax cuts, conceded Tuesday that assurances the cuts would pay for themselves may not pan out in exactly the way the GOP promises. "It's so... Read More

WASHINGTON - House Speaker Nancy Pelosi, D-Calif., tried to make a joke of the string of questions she was being asked about impeachment and President Trump's recent disparaging of her during an appearance at a fiscal policy summit Tuesday morning.... Read More