“CBO’s new report shows the high budgetary stakes as a new Congress and president begin their terms and face critically important budget decisions this year.”

“With the debt ceiling back in place and a number of major budgetary matters expiring, 2025 is a critical year for America’s fiscal and economic future,” said Michael A. Peterson.

“Our national debt just crossed $36 trillion and sadly we’re currently on pace add $22 trillion more over the next decade,” said Michael A. Peterson.

“With America’s debt rising unsustainably and inflation concerns top of mind, 2025 is a critical year for our economy and fiscal standing,” said Michael A. Peterson, CEO of the Peter G. Peterson Foundation.

“As we near the end of a long election season, voters are sending a clear signal that they want candidates to have a plan to address the debt,” said Michael A. Peterson.

Fiscal confidence dropped again this month, as new projections show that America will pay a staggering $77 trillion in interest over the next 30 years.

More than 9-in-10 voters across seven key states say it’s important for candidates to have a plan for the debt.

“Voters are clearly concerned about the growing national debt, and they want their Presidential and Congressional candidates to put forward solutions,” said Michael A. Peterson.

Ahead of the upcoming presidential debate, 91% of voters want Vice President Harris and former President Trump to discuss their plans to address America’s $35 trillion and rising national debt.

“As we approach the final months of the election campaign, voters want to hear more from their candidates about solutions for the $35 trillion and growing national debt,” said Michael A. Peterson.