Why Defense Matters For Deficit Reduction
The United States, by far, spends the greatest amount on military (in nominal terms) than any other country.
https://www.pgpf.org/analysis/why-defense-matters-for-deficit-reduction
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The United States, by far, spends the greatest amount on military (in nominal terms) than any other country.
https://www.pgpf.org/analysis/why-defense-matters-for-deficit-reduction
With the national debt at $26 trillion and counting, the nation’s fiscal health is a key issue for the 2020 campaign.
They are burdened by record student debt. They are entering the workforce during a time of unprecedented economic uncertainty, in a nation with crumbling infrastructure, a climate in crisis, and rising inequality.
National security is both a vital priority and a significant part of the federal budget.
https://www.pgpf.org/infographic/infographic-the-facts-about-us-defense-spending
As policymakers consider how best to address our looming fiscal challenges, there is a growing debate about whether the U.S. can reduce defense spending without jeopardizing its national security.
Programs that millions of Americans depend on and care about may be feeling a squeeze from interest costs on our high and rising national debt.
https://www.pgpf.org/blog/2024/02/what-is-the-national-debt-costing-us
During the final debates, it's up to us to pay attention to how our presidential candidates’ plans could impact America's future. While the budget and economy were already major topics, the upcoming debates will highlight national security and a range of other issues — both foreign and domestic — that also have implications for our long-term fiscal health.
https://www.pgpf.org/budget-basics/how-does-our-debt-affect-americas-foreign-policy
By making smart, strategic decisions about future national security requirements policymakers can ensure that our military is strong and that we are prepared to defend our nation from threats while also avoiding potential waste of precious national resources
Tax expenditures can come in the form of exclusions, exemptions, deductions, and credits.
“This new report provides the latest evidence that our fiscal condition has worsened significantly since the pandemic began, and will need to be addressed once we’re through the COVID crisis,” said Michael A. Peterson, CEO of the Peter G. Peterson Foundation.