About the Peter G. Peterson Foundation
The Peter G. Peterson Foundation was created by Pete Peterson to raise awareness of America’s long-term debt, and how it affects economic growth.
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The Peter G. Peterson Foundation was created by Pete Peterson to raise awareness of America’s long-term debt, and how it affects economic growth.
“Earlier this month, the Congressional Budget Office released new data showing that interest costs in 2024 will total a staggering $870 billion, a jump of 32 percent and more than $2 billion per day,” said Michael A. Peterson.
https://www.pgpf.org/press-release/2024/02/fci-press-release
The Federal Reserve owns nearly one-third of domestically held debt.
https://www.pgpf.org/chart-archive/0312_domestic_debt_holders
Civic leaders, top CEOs and leading budget experts met in Washington, D.C. today to discuss the national debt and America's unsustainable fiscal trajectory, and to announce the launch of The Campaign to Fix the Debt.
Peterson Philanthropies is a network of nonprofit, nonpartisan organizations engaging in a range of initiatives to strengthen the current economic and democratic foundations of the United States, and build a brighter future for the next generation.
Income growth since 1979 is larger for high-income earners, even when including transfers and taxes.
https://www.pgpf.org/chart-archive/0059_income-growth-disparity
Between 1979 and 2016, income increased more quickly for high-income earners.
https://www.pgpf.org/chart-archive/0060_income-disparity-before-transfers-taxes
The population of the United States is aging rapidly. Soon we will be a nation of Floridas.