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Research, analyses, and news from the Peter G. Peterson Foundation
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The Debt Ceiling Will Be Reinstated on January 1 — Here’s What’s at Stake
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Our charts frame the fiscal outlook of the U.S. government within a broad economic, political, and demographic context.
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Our polling tracks the public’s views about our fiscal and economic condition and the progress elected leaders are making in addressing it.
Latest Articles
What Is the Disaster Relief Fund?
Climate and weather-related natural disasters are becoming increasingly frequent. In addition to endangering lives, they are economically costly.
What Is Budget Reconciliation?
With narrow majorities in both Houses of Congress, Republicans are expected to make use of the budget reconciliation process to advance key pieces of their agenda.
Budget Basics: Medicaid
This budget explainer describes what Medicaid is, how it is financed, and who benefits from it.
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Payroll Taxes: What Are They and What Do They Fund?
Most working Americans are subject to payroll taxes, which are usually deducted automatically from an employee’s paycheck. Employers are also often subject to these types of taxes.
What Is the Disaster Relief Fund?
Climate and weather-related natural disasters are becoming increasingly frequent. In addition to endangering lives, they are economically costly.
What’s the Difference between a Government Shutdown and the Debt Limit?
A government shutdown is costly, but failing to raise the debt limit could have more severe and lasting consequences.
How Is the Debt Limit Deal Affecting a Potential Government Shutdown?
Fiscal year 2024 has already begun and lawmakers will need to find a permanent solution to continue funding government activities after the CRs expire.
The Coronavirus Pandemic Continues to Cause Record Claims for Unemployment Insurance
Since March 15, more than 65 million claims for regular unemployment insurance have been filed due to COVID-19.
The Nation’s Fiscal Outlook Just Got Worse — Here’s Why
The CBO updated its budget and economic projections, which now show that federal deficits are projected to be $2.1 trillion higher over the next decade than the agency projected just a few months ago.
What are Caps on Discretionary Spending and Do They Work?
Let’s look at the trends in discretionary spending and how effective caps are in reducing the debt.