The Lame-Duck Congress and the 116th Congress Have Some Key Fiscal Issues on their Agenda
There are a number of key fiscal issues not only facing the current Congress in coming weeks, but also awaiting the new Congress.
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There are a number of key fiscal issues not only facing the current Congress in coming weeks, but also awaiting the new Congress.
The primary deficit focuses on the difference between government revenues and spending, excluding interest payments. Learn more about the U.S. primary deficit.
https://www.pgpf.org/blog/2024/02/what-is-the-primary-deficit
There are separate limits on the amount of funding that can be provided for defense and nondefense purposes through the appropriation process.
https://www.pgpf.org/blog/2018/03/budget-process-reform-what-are-budget-caps
The words debt and deficit come up frequently in debates about the policy decisions that lawmakers face. The two concepts are similar, but are often confused.
https://www.pgpf.org/blog/2024/02/debt-vs-deficits-whats-the-difference
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
A group of respected policy experts share their views on how a bipartisan fiscal commission could help break the cycle of governing by crisis.
The deduction of state and local tax payments (known as SALT) from federal income taxes has been a subject of debate among economists and policymakers over the past few years — with significant implications for our budget and fiscal outlook.
The Treasury projects that debt as a percentage of GDP will grow to more than five times the size of the U.S. economy in the next 75 years.
https://www.pgpf.org/blog/2024/03/delaying-fiscal-reform-is-costly-annual-treasury-report-warns
The percentage of income that Americans pay in taxes can vary widely and depend on many factors.
Child poverty has remained relatively high in the United States for much of the past decade.
https://www.pgpf.org/blog/2023/10/what-are-the-economic-costs-of-child-poverty