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How Marginal Tax Rates and Breaks Affect What You Pay
The percentage of income that Americans pay in taxes can vary widely and depend on many factors.
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The percentage of income that Americans pay in taxes can vary widely and depend on many factors.
CBO prepares what is known as an alternative fiscal scenario, which can be helpful in understanding a range of potential outcomes.
https://www.pgpf.org/blog/2019/09/what-is-an-alternative-fiscal-scenario
Spending on healthcare in the United States has far outpaced other major healthcare systems without yielding better outcomes.
Lower levels of debt allow governments to respond more effectively to a recession or financial crisis.
These charts tell the fiscal story of 2021 — looking back at how our fiscal situation deteriorated over the past year and what challenges lie ahead.
With the election in the rearview mirror, a number of important fiscal and economic policy issues continued to simmer throughout November.
https://www.pgpf.org/blog/2016/12/the-fiscal-month-in-review-trump%E2%80%99s-fiscal-agenda
With our economy in recovery, the national debt rising unsustainably, the country still grappling with a devastating pandemic, and lawmakers pursing significant new legislation, America faces many critical questions for its future. To shed light on the best way forward, two top economists participated in a panel discussion as part of the latest edition of the Peterson Foundation Economic Forum.
One of the largest drivers of that rising debt is federal spending on major healthcare programs, such as Medicare and Medicaid.
A newly updated report, prepared by Ernst & Young, reexamines the federal government's long-term fiscal outlook through the "fiscal gap" measure.
Our high and rising debt is “a big burden placed on current citizens, based on our past budgetary irresponsibility,” said Michael Peterson, CEO of the Peter G. Peterson Foundation, in a recent appearance on C-SPAN’s Washington Journal.