Budget Basics: Tax Expenditures
Tax expenditures can come in the form of exclusions, exemptions, deductions, and credits.
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Tax expenditures can come in the form of exclusions, exemptions, deductions, and credits.
"The public has to be involved, educated, and understand the consequences of inaction. Legislators will not make difficult decisions unless their constituents see a need and reason to act," writes G. William Hoagland
https://www.pgpf.org/expert-views/fiscal-commission/fiscal-commissions-promises-and-disappointments
Become a fiscal leader to help educate and inspire others on the importance of improving our fiscal policy.
The current budget process is ill-suited for managing the nation’s long-term fiscal affairs. Learn about possible reforms to reimagine the budget process.
https://www.pgpf.org/finding-solutions/budget-process-reforms
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The Peter G. Peterson Foundation held its first Fiscal Summit in 2010 to start a national bipartisan dialogue on critical fiscal issues with thought leaders and prominent stakeholders from across the political spectrum.
Earmarks have been controversial, but nevertheless were reinstated by Congress in 2021 after a 10-year moratorium.