What Are Earmarks and What Purpose Do They Serve?
Earmarks have been controversial, but nevertheless were reinstated by Congress in 2021 after a 10-year moratorium.
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Earmarks have been controversial, but nevertheless were reinstated by Congress in 2021 after a 10-year moratorium.
"Committee passage of the Fiscal Commission Act is an important step toward a comprehensive approach to stabilizing our rapidly growing national debt," said Michael A. Peterson, CEO of the Peter G. Peterson Foundation.
Amid the debate over national priorities, one thing is clear: fiscal sustainability is essential to addressing the needs and ambitions of our society and building a vibrant future for generations to come.
https://www.pgpf.org/what-we-are-doing/fiscal-summit/2019-fiscal-summit/summary-and-highlights
Policy leaders and experts across the political spectrum have put forward a number of comprehensive plans to reduce America’s long-term debt and lay a strong foundation for future economic growth.
COVID-19 has contributed to a rising gap between federal spending and revenues. Find out just how wide that gap is.
https://www.pgpf.org/blog/2020/10/the-gap-between-federal-spending-and-revenues-has-grown-rapidly
Lawmakers are considering significant reforms in a number of key policy areas, including healthcare reform, tax reform, infrastructure and more.
"The era of declining deficits has clearly come to an end."
Coronavirus relief legislation is expected to increase federal deficits by $2.4 trillion over the next decade.
Many factors contribute to the long-term outlook for the U.S. economy and budget, but there are two major drivers of spending: demographics and rising healthcare costs.
https://www.pgpf.org/the-fiscal-and-economic-challenge/drivers
The Foundation engages in a wide range of activities to educate and engage Americans, and raise awareness of the fiscal and economic challenges facing our nation.
https://www.pgpf.org/what-we-are-doing/education-and-awareness