Taxing the Rich Could Raise Trillions — But That Alone Won’t Fix Our Fiscal Crisis
A new paper from Manhattan Institute’s Brian Riedl examines ways to raise revenue from high-income Americans.
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A new paper from Manhattan Institute’s Brian Riedl examines ways to raise revenue from high-income Americans.
There are separate limits on the amount of funding that can be provided for defense and nondefense purposes through the appropriation process.
https://www.pgpf.org/blog/2018/03/budget-process-reform-what-are-budget-caps
One of the largest drivers of that rising debt is federal spending on major healthcare programs, such as Medicare and Medicaid.
The Farm Bill provides an opportunity for policymakers to comprehensively address agricultural, food, conservation, and other issues.
CBO estimates that the national debt would climb from 78% of gross domestic product (GDP) in 2018 to 87% of GDP by 2029 under the president's policies.
https://www.pgpf.org/blog/2019/05/cbo-trump-budget-uses-overly-optimistic-economic-assumptions
We asked 10 respected policy experts from across the ideological spectrum to share their views on a fiscal commission. Here are the key takeaways.
https://www.pgpf.org/blog/2023/11/what-the-experts-are-saying-about-a-bipartisan-fiscal-commission
Tax breaks totaled over $1.8 trillion in 2023. To put that in perspective, that’s more than the government spends on Social Security, defense, or Medicare and Medicaid.
https://www.pgpf.org/blog/2023/12/eight-of-the-largest-tax-breaks-explained
There are many critical differences between our two nations, but are there lessons to be learned by US policymakers from the UK predicament?
https://www.pgpf.org/blog/2022/10/does-uk-crisis-hold-fiscal-economic-lessons-for-us-policymakers
CBO now expects that 3-month interest rates will peak at around 5.3 percent this year and only fall to 3.2 percent by the end of 2025.
Lawmakers have previously implemented various forms of caps to restrain spending and such efforts have been effective at times
https://www.pgpf.org/blog/2023/10/do-budget-caps-work-6-ways-to-make-them-more-effective