The Tax Reform Tradeoff: The Cost of Keeping Expenditures
Reform that eliminates virtually all tax expenditures allows for rates to be lowered significantly.
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Reform that eliminates virtually all tax expenditures allows for rates to be lowered significantly.
The legislation is fiscally irresponsible and will add significantly to America's national debt.
https://www.pgpf.org/analysis/congress-passes-costly-and-unfunded-tax-legislation
Child poverty has remained relatively high in the United States for much of the past decade.
https://www.pgpf.org/blog/2023/10/what-are-the-economic-costs-of-child-poverty
Medicare is an essential federal program that provides health insurance to millions of older Americans.
https://www.pgpf.org/blog/2023/10/strengthening-medicare-options-to-reduce-costs
“As Washington navigates short-term budget battles, our long-term fiscal outlook keeps getting more and more dangerous," said Michael A. Peterson.
The end of 2023 marks another year that the country has failed to improve its daunting fiscal outlook.
“We need our leaders to rise to the urgency of the moment, but legislative gridlock continues to prevent progress on even the basics of budgeting," said Michael A. Peterson.
https://www.pgpf.org/press-release/2024/03/peterson-foundation-statement-on-presidents-budget
Sequestration is a budget procedure used by lawmakers to cancel or limit funding in order to meet budget goals.
https://www.pgpf.org/budget-basics/budget-basics-what-is-sequestration
Every month the U.S. Treasury releases data on the federal budget, including the current deficit. Here is the latest data for Fiscal Year 2024, charted out monthly and on a year-over-year basis.
Improving our healthcare system to deliver better quality care at lower cost is critically important to our nation’s long-term economic and fiscal well-being.
https://www.pgpf.org/infographic/infographic-us-healthcare-spending