Budget Process Reform Principles
Here are principles for reform to help ensure that our budget process is conducive to fiscally responsible policymaking.
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Here are principles for reform to help ensure that our budget process is conducive to fiscally responsible policymaking.
The Byrd Rule restricts what can be included in reconciliation legislation in the Senate.
Under current law, federal debt is now projected to reach 150 percent of GDP within 30 years — by far an all-time high.
Spending for mandatory programs and net interest is projected to putpace all other non-interest spending.
https://www.pgpf.org/chart-archive/0174_SS_major_health_climb
In May, the Administration released details for the proposed American Jobs Plan. It would be a massive investment in a range of national priorities including transportation, climate change, caregiving, and housing.
https://www.pgpf.org/infographic/what-is-in-the-american-jobs-plan
Americans must task their newly elected officials with tackling the nation's debt — and hold them accountable for results.
https://www.pgpf.org/analysis/for-a-stronger-economy-deal-with-the-debt
Here's a breakdown of the major programs in the American Rescue Plan and how much they cost.
https://www.pgpf.org/infographic/whats-in-the-american-rescue-plan
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.
Following the 2017 tax reform, the federal statutory corporate tax rate in the United States is now more in line with many other OECD countries.
https://www.pgpf.org/chart-archive/0273_statutory_corporate_income_tax_rates