Budget Basics: Tax Expenditures
Tax expenditures can come in the form of exclusions, exemptions, deductions, and credits.
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Tax expenditures can come in the form of exclusions, exemptions, deductions, and credits.
Convened in November 2012, "Post-Election: The Fiscal Cliff and Beyond" brought together top elected leaders and policy experts to discuss potential paths forward for America.
https://www.pgpf.org/what-we-are-doing/events/the-fiscal-cliff-and-beyond
Pete Peterson launched the Peterson G. Peterson Foundation to secure a brighter future for America through fiscal policy and bipartisan fiscal solutions.
Peterson Philanthropies is a network of nonprofit, nonpartisan organizations engaging in a range of initiatives to strengthen the current economic and democratic foundations of the United States, and build a brighter future for the next generation.
Highest ranking economic officials from both parties foresee another U.S. economic crisis within 10 years unless the country takes immediate action on structural deficit.
Tax reform done right will promote economic growth, increase fairness and simplicity, and improve the nation’s fiscal outlook.
Understanding what’s happening on Capitol Hill requires an understanding of the Congressional budget process — which is notoriously technical, complex and arcane.
Here are principles for reform to help ensure that our budget process is conducive to fiscally responsible policymaking.
Although the debt affects each of us, it may be difficult to put such a large number into perspective and fully understand its implications.
https://www.pgpf.org/infographic/the-national-debt-is-now-more-than-34-trillion-what-does-that-mean
CBO projects that federal debt will remain at historically high levels over the next decade under current laws and warns that such high levels of debt could harm the economy.
https://www.pgpf.org/analysis/cbo-warns-fiscal-path-is-unsustainable-and-threatens-economic-growth