*For this project, the June 2010 Extended Baseline was updated by the independent scorekeepers to reflect enacted legislative changes throughJanuary 2011. Among other assumptions, the Extended Baseline assumes that tax cuts will expire as scheduled and health care cost growth will becontrolled.
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Related Charts:
Effective Federal Tax Rates
The Size of Tax Expenditures
Where Taxes Come from in 2012
Why A Solution Must Be Bipartisan
Fiscal Commission Tax Proposal
Peter G. Peterson Foundation Chart Pack:
The PGPF chart pack illustrates that budget-making involves many competing priorities, limited resources, and complex issues. In this set of charts, we aim to frame the financial condition and fiscal outlook of the U.S. government within a broad economic, political, and demographic context. Download (.PDF)