Analysis
Sep 13, 2017
The Tax Reform Tradeoff: Eliminating Tax Expenditures, Reducing Rates
The paper puts real numbers behind different scenarios for a structure for tax reform: eliminating income tax expenditures to enable lower tax rates.
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Analysis
Sep 5, 2017
Welcome Back, Congress
As Congress returns from its August recess, lawmakers face a to-do list filled with important fiscal deadlines.
Analysis
Aug 31, 2017
The Macroeconomic Gains from Stabilizing and Reducing Federal Debt
By making gradual changes to federal spending and revenue, lawmakers can not only stabilize our fiscal outlook, but provide long-run economic benefits for American families (in terms of real GNP growth) without inflicting undue damage on the U.S. economy in the near term.
Analysis
Jul 14, 2017
Medicare Trustees Warn of Serious Financial Shortfalls
An aging population and rising per-enrollee healthcare costs will drive sharp increases in Medicare spending, which will not keep pace with the program’s funding sources.
https://www.pgpf.org/analysis/2017/07/medicare-trustees-warn-of-serious-financial-shortfalls
Analysis
Jul 13, 2017
Trustees Warn: Social Security in Financial Trouble
As the large baby boom generation enters retirement and Americans continue to enjoy longer lifespans, more and more individuals will collect benefits from the system and for longer periods, while relatively fewer workers will contribute taxes to support it.
https://www.pgpf.org/analysis/2017/07/trustees-warn-social-security-in-financial-trouble
Analysis
Jul 13, 2017
CBO: Debt Remains High Under President’s Budget
Using its own economic and technical assumptions, CBO finds that the budget would not reach balance in 2027 as the administration projects — but instead the deficit would grow from $693 billion in 2017 to $720 billion in 2027.
https://www.pgpf.org/analysis/2017/07/cbo-debt-remains-high-under-presidents-budget
Analysis
Jun 29, 2017
CBO: Unsustainable Deficits Threaten Future Economic Growth
On our current path, CBO projects that deficits will reach $1.0 trillion by 2022 and total $10.1 trillion over the next ten years.
https://www.pgpf.org/analysis/2017/06/cbo-unsustainable-deficits-threaten-future-economic-growth
Analysis
May 26, 2017
Analysis: The President’s FY 2018 Budget
The President's budget has a worthy goal of deficit reduction. However the economic assumptions underlying the president’s budget are optimistic.
https://www.pgpf.org/analysis/2017/05/analysis-of-the-presidents-fy-2018-budget
Analysis
Mar 15, 2017
The Debt Ceiling Reinstated
What does reinstating the debt ceiling mean for federal policymaking and the economy?
https://www.pgpf.org/analysis/2017/03/the-debt-ceiling-reinstated
Analysis
Jan 24, 2017
CBO Warns: Deficits Will Reach $1 Trillion In 2023
CBO projects that, on our current path, deficits will reach $1 trillion by 2023 and total $9.4 trillion over the next ten years.
https://www.pgpf.org/analysis/2017/01/CBO-warns-deficits-will-reach-1-trillion-in-2023