Blog Posts
Apr 12, 2016
What kinds of taxes do Americans pay?
Viewed in aggregate, our tax system is generally progressive.
https://www.pgpf.org/blog/2016/04/what-kinds-of-taxes-do-americans-pay
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Blog Posts
Apr 13, 2016
Who benefits from tax expenditures?
Major tax expenditures tend to benefit high income taxpayers more than lower income groups.
https://www.pgpf.org/blog/2016/04/who-benefits-from-tax-expenditures
Blog Posts
Apr 14, 2016
The US Tax Burden Is Low Compared to Most Advanced Economies
The United States collects less revenue as a share of GDP than several other high-income countries, including Japan, Canada, the United Kingdom, Germany, Italy, and France.
https://www.pgpf.org/blog/2016/04/the-us-tax-burden-is-low-compared-to-most-advanced-economies
Blog Posts
May 17, 2016
Four Key Takeaways from the Long-Term Budget Outlook
Projections of the long-term budget outlook have deteriorated significantly since last year, largely stemming from the “tax extenders” legislation enacted at the end of 2015.
https://www.pgpf.org/blog/2016/07/four-key-takeaways-from-the-long-term-budget-outlook
Press Releases & Statements
Jul 12, 2016
Statement on CBO’s 2016 Long-Term Budget Outlook
CBO projects that federal debt will climb to 141 percent of GDP within 30 years — exceeding the highest level of debt ever recorded at the end of World War II by a large margin.
Press Releases & Statements
Aug 23, 2016
Statement on CBO’s Updated Budget and Economic Outlook
"Today’s CBO report confirms that the era of declining deficits is over," according to Michael A. Peterson, President and CEO of the Peter G. Peterson Foundation.
Blog Posts
Nov 29, 2016
What are Tax Expenditures?
Tax expenditures cost the government about $1.5 trillion each year, more than the budget of any agency or major spending program, including Social Security, Medicare, and the Department of Defense.
Blog Posts
Dec 1, 2016
The Fiscal Month in Review: Trump’s Fiscal Agenda
With the election in the rearview mirror, a number of important fiscal and economic policy issues continued to simmer throughout November.
https://www.pgpf.org/blog/2016/12/the-fiscal-month-in-review-trump%E2%80%99s-fiscal-agenda
Blog Posts
Dec 7, 2016
Report: U.S. Debt a Drag on Competitiveness
A new report from the George W. Bush Institute highlights the economic competitiveness and strength of North America — but warns that fiscal policy in the United States poses a challenge to growth.
https://www.pgpf.org/blog/2016/12/report-us-debt-a-drag-on-competitiveness
Blog Posts
Dec 23, 2016
Top 7 Fiscal Charts from 2016
Our most popular charts from 2016 illustrate the nation's fiscal challenges in areas like defense spending, healthcare, and tax reform.
https://www.pgpf.org/blog/2016/12/top-7-fiscal-charts-from-2016