The Fiscal Month in Review: Resurrection of the AHCA, Broad Strokes on Taxes
As the Trump administration marks the 100 day milestone, a number of pressing fiscal issues remain to be resolved.
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As the Trump administration marks the 100 day milestone, a number of pressing fiscal issues remain to be resolved.
“It’s rare to see bipartisan agreement on any issue, yet overwhelming majorities of American voters from both parties want their leaders to fully pay for this reconciliation package,” said Michael A. Peterson, CEO of the Peterson Foundation.
https://www.pgpf.org/press-release/2021/08/fci-press-release
Here are five key takeaways from CBO’s latest projections that show the path of federal revenues, spending, and debt through 2050.
https://www.pgpf.org/blog/2020/09/new-cbo-report-pandemic-accelerates-existing-fiscal-challenges
Michael Peterson released a statement today on the CBO's updated budget projections.
“Leaders from both parties have pledged to fully offset the cost of new spending, and voters want them to honor this commitment,” said Michael A. Peterson, CEO of the Peterson Foundation.
https://www.pgpf.org/press-release/2021/07/fci-press-release
This project constructs a dataset of job vacancies from 1975–2000 with details on industry, region, occupation, wage and unionization status to improve understanding of evolving trends in labor demand.
New $1 million research initiative will help inform and improve pandemic relief and recovery policies.
By 2050, the US will be very different than it is today. Adults aged 65 and over will outnumber children under the age of 18, and our population will be much more racially and ethnically diverse, the young much more so than the old. With those changing demographics as a backdrop, the US 2050 project examines the socioeconomic developments and fiscal choices we make today that will determine standards of living decades from now.
According to the report, reaching primary balance would require a reduction of $255 billion in the projected deficit in 2015.
https://www.pgpf.org/analysis/cap-shows-what-it-might-take-to-balance-the-budget
“As our nation continues to recover from the pandemic, this budget proposal outlines significant investments aimed at addressing a range of national challenges," said Michael A. Peterson, CEO of the Peter G. Peterson Foundation.