CBO Warns: Fiscal Outlook Remains Unsustainable
Under current law, federal debt is now projected to reach 150 percent of GDP within 30 years — by far an all-time high.
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Under current law, federal debt is now projected to reach 150 percent of GDP within 30 years — by far an all-time high.
Tax expenditures can come in the form of exclusions, exemptions, deductions, and credits.
A strong fiscal outlook is an essential foundation for a growing, thriving economy – but our current debt-to-GDP ratio is the highest it has been since 1950.
https://www.pgpf.org/infographic/infographic-the-fiscal-state-of-play
On Wednesday, May 25, 2011, senior Administration officials, policy experts and Democratic and Republican elected leaders will come together in Washington to discuss solutions to the nation’s fiscal challenges at the 2011 Fiscal Summit: Solutions for America’s Future, convened by the Peter G. Peterson Foundation.
The United States spends more on defense than the next 9 countries combined.
CBO estimates that the number of uninsured under age 65 rose by 1 million people and anticipates the total to rise by another million people this year.
The Peterson Foundation is partnering with POLITICO to bring you the POLITICO Caucus: Economy and the Election events during this election season.
The budgetary and economic effects of proposed tax legislation are a critical element of the debate.
https://www.pgpf.org/analysis/2017/12/tax-modeling-tax-reform-why-its-important
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.
Experts from five leading think tanks developed specific, "scoreable" policy proposals to set the federal budget on a sustainable, long-term path for prosperity and economic growth.
https://www.pgpf.org/pgpf-programs-and-projects/solutions-initiative-iii