Special Report: Fiscal Balancing Act
A strong and stable economy with sustained job creation and broadly-shared growth ultimately requires a foundation of fiscal responsibility.
https://www.pgpf.org/pgpf-programs-and-projects/fiscal-balancing-act
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A strong and stable economy with sustained job creation and broadly-shared growth ultimately requires a foundation of fiscal responsibility.
https://www.pgpf.org/pgpf-programs-and-projects/fiscal-balancing-act
Policy leaders and experts across the political spectrum have put forward a number of comprehensive plans to reduce America’s long-term debt and lay a strong foundation for future economic growth.
Lawmakers are considering significant reforms in a number of key policy areas, including healthcare reform, tax reform, infrastructure and more.
Tax breaks totaled over $1.8 trillion in 2023. To put that in perspective, that’s more than the government spends on Social Security, defense, or Medicare and Medicaid.
https://www.pgpf.org/blog/2023/12/eight-of-the-largest-tax-breaks-explained
In January 2013, a series of tax increases and spending cuts are slated to go into effect automatically and all at once. Many are calling this major fiscal policy shift the "Fiscal Cliff." If all of the changes are allowed to proceed, future budget deficits would be substantially reduced. However, the nonpartisan Congressional Budget Office has forecast that the economy would be thrown into recession in 2013 — an outcome that threatens our still-fragile economic recovery.
Experts from five leading think tanks developed specific, "scoreable" policy proposals to set the federal budget on a sustainable, long-term path for prosperity and economic growth.
https://www.pgpf.org/pgpf-programs-and-projects/solutions-initiative-iii
“As the 2024 campaign heats up, voters are calling on candidates to show leadership by backing a fiscal commission to address our unsustainable national debt,” said Michael A. Peterson.
https://www.pgpf.org/press-release/2024/01/fci-press-release
To support research on reform of the major programs in the U.S. entitlement system
Fiscal Solutions Phase II: Develop fiscal solutions proposals, including identification of top policy priorities for the new Administration and Congress, proposal implementation over the first ten years, and how the proposals address the "fiscal cliff."