Index/Organizations/Peterson Foundation

Peterson Foundation

Fact-Checks

9 results
Nov 17, 2025
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What was the total U.S. national debt at the end of FY 2024 and how has it changed into 2025?

At the end of FY 2024 (September 30, 2024) the U.S. federal debt totaled about $35.5 trillion on a gross basis reported by GAO auditing Treasury’s schedules, while “debt held by the public” — the econ...

Dec 10, 2025
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What percentage of the US budget goes to foreign aid under the Biden administration in 2024?

The U.S. spent roughly $70–78 billion a year on foreign aid-sized programs around FY2023–FY2024, which amounted to about 1–1.5% of total federal outlays and about 4% of discretionary spending for inte...

Nov 17, 2025
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how much per year do individual tax payers fund snap benefits and also corporate tax breaks?

Federal SNAP (food stamp) spending was about $100.3 billion in FY2024, serving roughly 41–42 million people at an average benefit near $187–$190 per person per month, or about $2,250 per person per ye...

Dec 12, 2025

Which federal programs (Social Security, Medicare, defense, interest on debt) contributed most to the 2025 debt growth?

In fiscal 2025, the single largest drivers of U.S. debt growth were rising net interest costs and increases in major mandatory benefit programs — specifically Social Security and Medicare — with CBO a...

Feb 3, 2026

What is the historical trend of the US national debt since 2000?

Since 2000 the national debt has climbed from historically moderate levels to a post‑WWII high relative to GDP, rising steadily in normal years and surging after major crises—notably the and the —so t...

Jan 26, 2026

Has any other president increased the deficit $2 trillion in the first year other than Trump?

The available reporting in the packet does not show a clear, documented instance—other than ’s recent reported one‑year surge—of a president increasing the federal deficit by roughly in a single first...

Jan 19, 2026

How much of the One Big Beautiful Bill’s cost is absorbed by higher deficits versus spending cuts?

The nonpartisan Congressional Budget Office (CBO) finds the One Big Beautiful Bill (OBBB/OBBBA) raises the unified budget deficit by roughly $3.4 trillion over 2025–2034, driven mainly by about $4.5 t...

Jan 19, 2026

What portion of U.S. overseas military costs are salaries and equipment versus installation support and logistics?

A review of recent public budget analyses shows that most U.S. defense outlays are concentrated in personnel pay and the procurement of weapons and equipment, while a large but smaller slice covers op...

Dec 7, 2025

What are projections for future deficits under current Biden policies versus alternative scenarios?

CBO and advocacy analyses project persistent trillion‑dollar deficits under current law: CBO’s baseline shows annual deficits remaining above $1 trillion in the near term and rising toward $2+ trillio...