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“As lawmakers rightly continue to pursue policies that help our nation respond to the immediate health and economic crisis, voters are also showing increased concern about our deteriorating fiscal outlook,” said Michael A. Peterson, CEO of the Peterson Foundation.
“There’s nothing that matters more right now to our physical, fiscal and economic health than defeating this virus,” said Michael A. Peterson, CEO of the Peter G. Peterson Foundation.
Social Security is the largest single program in the federal budget and makes up approximately one quarter of total federal spending.
The growing cost of prescription drugs presents a significant challenge to the quality and affordability of healthcare in the United States.
Most working Americans are subject to payroll taxes, which are usually deducted automatically from an employee’s paycheck. Employers are also often subject to these types of taxes.
The latest Financial Times-Peterson Foundation US Economic Monitor, released on July 7, 2020, reveals timely data about Americans’ deep concerns about the health and economic effects of the coronavirus (COVID-19) pandemic.
One issue that most lawmakers and voters agree on is that our tax system needs reform.
“America’s top policy priority right now is defeating this virus and helping the millions of Americans who are suffering economically, but as we look ahead it’s clear that Americans are growing more concerned about how we will deal with our national debt once this crisis ends.” said Michael A. Peterson, CEO of the Peterson Foundation.
Federal trust funds bear little resemblance to their private-sector counterparts.