Understanding Complex Budget Terms and Processes: What is a Congressional Budget Resolution?
A Congressional Budget Resolution is a “blueprint” that guides fiscal decision-making in the Congress.
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A Congressional Budget Resolution is a “blueprint” that guides fiscal decision-making in the Congress.
Here are principles for reform to help ensure that our budget process is conducive to fiscally responsible policymaking.
Although the debt affects each of us, it may be difficult to put such a large number into perspective and fully understand its implications.
https://www.pgpf.org/infographic/the-national-debt-is-now-more-than-34-trillion-what-does-that-mean
Tax reform done right will promote economic growth, increase fairness and simplicity, and improve the nation’s fiscal outlook.
Relative to the GAO’s last update of their long-term simulation, the nation’s fiscal condition has deteriorated.
Tax expenditures can come in the form of exclusions, exemptions, deductions, and credits.
The United States spends more on defense than the next 9 countries combined.
Under the GAO’s most realistic fiscal scenario, debt held by the public will exceed 109 percent of GDP by 2020.
The Byrd Rule restricts what can be included in reconciliation legislation in the Senate.
Pete Peterson launched the Peterson G. Peterson Foundation to secure a brighter future for America through fiscal policy and bipartisan fiscal solutions.