The U.S. Fiscal Outlook Has Gotten Worse Over the Past Year — Here’s Why
The country’s fiscal trajectory got notably worse over the past year.
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The country’s fiscal trajectory got notably worse over the past year.
In 2017, Congress and the President enacted the Tax Cuts and Jobs Act (TCJA), which made significant changes to the tax code for individuals and corporations.
https://www.pgpf.org/blog/2024/03/the-next-fiscal-cliff-big-tax-decisions-to-make-in-2025
Significant majorities of voters across party lines agree that a commission would strengthen Social Security, lower borrowing costs, and improve our economic outlook.
Our fiscal situation was already unsustainable, but COVID-19 certainly did not help. Learn how the pandemic compounded our financial challenges in 13 charts.
https://www.pgpf.org/blog/2020/12/13-charts-that-tell-the-fiscal-story-of-2020
Voters are calling on their leaders to take concrete actions to put us on a better fiscal path.
CBO’s report is the latest warning sign about the dire fiscal outlook.
A fiscal commission would provide the space and structure for lawmakers to comprehensively review the entire budget and improve the fiscal path of the U.S.
https://www.pgpf.org/blog/2024/01/growing-momentum-for-a-fiscal-commission-in-congress
Federal programs that invest in children are not only critical to the health and well-being of the youngest Americans, but they can also provide long-term benefits to the nation’s economy.
The Financial Times and the Peterson Foundation have wrapped up a year-long initiative to track voter sentiment on economic and fiscal issues.
A new report from Ernst & Young examines the U.S. government’s current financial situation.
https://www.pgpf.org/blog/2016/09/ernst-young-warns-of-unsustainable-financial-imbalance