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Our fiscal goal must be to stabilize the debt as a share of the economy, and put it on a downward path for the longer term.
Convened in November 2012, "Post-Election: The Fiscal Cliff and Beyond" brought together top elected leaders and policy experts to discuss potential paths forward for America.
During the 2012 presidential debates, voters concerned with our nation's growing debt and deficits must listen closely for how the candidates' foreign policy plans will influence America's long-term fiscal path and national security.
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.
Americans must task their newly elected officials with tackling the nation's debt — and hold them accountable for results.
The report focuses on the fiscal conditions in six heavily populated states which together account for a third of the nation's population and almost 40 cents of every dollar in spending by state and local governments.