2015 Medicare Trustees Report Summary
The Trustees urge lawmakers to enact legislation soon to put Medicare on a sustainable path.
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The Trustees urge lawmakers to enact legislation soon to put Medicare on a sustainable path.
Similar to previous years, this budget largely relies on very optimistic projections of economic growth and unlikely budget cuts to reduce the deficit.
Over the next several weeks, as the President and Congress confront the "fiscal cliff," they will have a big opportunity to make the right choice.
Michael A. Peterson, President and COO of the Peter G. Peterson Foundation, commented this evening on the President’s annual State of the Union address.
Corporate tax revenues are substantially lower than they were before the tax rate was reduced by the TCJA.
https://www.pgpf.org/chart-archive/0304_corporate_tax_reduced_tcja
The Federal Reserve owns nearly one-third of domestically held debt.
https://www.pgpf.org/chart-archive/0312_domestic_debt_holders
Income growth since 1979 is larger for high-income earners, even when including transfers and taxes.
https://www.pgpf.org/chart-archive/0059_income-growth-disparity
Between 1979 and 2016, income increased more quickly for high-income earners.
https://www.pgpf.org/chart-archive/0060_income-disparity-before-transfers-taxes