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While Congress has not taken steps toward reining in our high and rising national debt, lawmakers did address a couple of pending fiscal items.
While nearly all Americans pay taxes, the composition of the type of taxes paid is very different for taxpayers at various points in the income distribution.
https://www.pgpf.org/blog/2020/07/how-does-the-tax-system-work
The Bipartisan Policy Center proposal is the first in a series of reports that will be released over the next several months that examines different ways to bring the budget back into balance and reduce the country’s mounting debt burden.
https://www.pgpf.org/press-release/restoring-america%E2%80%99s-future
The Fiscal Confidence Index, modeled after the Consumer Confidence Index, is 53 (100 is neutral), indicating voters’ desire to see candidates offer a plan to put the nation on a sustainable long-term path.
https://www.pgpf.org/press-release/2016/01/fci-press-release
Peterson Foundation Chairman Pete Peterson spoke at the Committee for Economic Development’s Distinguished Performance Awards Dinner about the importance of long-term fiscal sustainability and its impact on the nation’s economy and future generations.
This paper models how disability-free and disabled life expectancy — broken into mildly- and severely-disabled spells at older ages — vary by socioeconomic characteristics. It then discusses the impact of these findings on the finances of Social Security, Medicare and Medicaid.
Fiscally responsible tax reform essential to America’s economic growth and long-term prosperity
“It is encouraging that leaders in the U.S. Senate have reached an historic bipartisan agreement to invest in national infrastructure," said Michael A. Peterson, CEO of the Peter G. Peterson Foundation.
“This is an example of how our leaders can pay for their priorities, whatever they may be, while helping to improve America’s fiscal and economic future at the same time," said Michael A. Peterson, CEO of the Peter G. Peterson Foundation.
New student debt affordability calculator empowers students as they pursue college and career goals.