Happy Fiscal New Year?
For the third year in a row, Congress did not adopt a budget resolution.
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For the third year in a row, Congress did not adopt a budget resolution.
An analysis by the Peter G. Peterson Foundation that looks at all spending — and not just non-exempt spending — has found that the scale of reductions next year resulting from the sequestration will be more heavily weighted towards defense cuts.
https://www.pgpf.org/analysis/the-office-of-management-and-budgets-sequestration-reportan-analysis
Video shown on-site during the Peter G. Peterson Foundation/Bloomberg LP 2012 "Fiscal Thursday" panel events.
https://www.pgpf.org/multimedia/2012-conventions-fiscal-thursday-opening-video
In an effort to foster greater discussion on the nation's long-term fiscal challenges during the 2012 election campaign season, the Peter G. Peterson Foundation, in partnership with Bloomberg LP, sponsored "Fiscal Thursday" at both the Republican and Democratic National Conventions.
https://www.pgpf.org/pgpf-programs-and-projects/fiscal-thursdays-at-2012-national-conventions
Tax expenditures are often "spending in disguise" because they are used by Congress to direct resources to specific constituencies and priorities — much like spending programs.
https://www.pgpf.org/analysis/the-debate-over-tax-expenditures
2012 Conventions: "Fiscal Thursday" at the DNC
https://www.pgpf.org/event/2012-conventions-fiscal-thursday-at-the-dnc
The Peter G. Peterson Foundation is sponsoring "Fiscal Thursday" at both the Republican and Democratic National Conventions in partnership with Bloomberg LP.
https://www.pgpf.org/event/2012-conventions-fiscal-thursday-at-dnc