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    Taxes | PGPF Fiscal Issue Primers

    Each year, some of the revenue the federal government collects comes from various taxes. In 2012, taxpayers paid almost $2.5 trillion, which the government used to partially fund $3.5 trillion worth of spending on Social Security, health care, and other programs in areas such as defense and education. The remainder of spending was funded through deficits.


    http://www.pgpf.org/budget-basics/taxes-primer

    The Office of Management and Budget's Sequestration Report:An Analysis

    On September 14, 2012 the President's Office of Management and Budget (OMB) released a report detailing the effects of the automatic across-the-board spending reductions, known as sequestration, scheduled to take place next January 2. These cuts result from the failure of the bipartisan "Supercommittee," which was created by the Budget Control Act of 2011 (BCA), to agree on $1.2 trillion in deficit reduction. For 2013, OMB estimated that the sequestration would result in a:


    http://www.pgpf.org/analysis/the-office-of-management-and-budgets-sequestration-reportan-analysis

COALITION FOR FISCAL AND NATIONAL SECURITY

A new statement urging policymakers to stabilize our national debt and renew and rebalance our national security strategies.

THE TAX REFORM OPPORTUNITY

Video: Our tax code is complex, unfair, and insufficient. Learn more about the opportunity we have to reform and improve tax policy.