2013 Fall Fiscal Agenda — A Critical Time for Action
With the end of the fiscal year just days away — and the threat of a government shutdown coming with it — we are entering a busy and critically important time on the fiscal policy front.
Whether it’s 2014 appropriations, the debt ceiling, dealing with the threat of sequestration, or tackling tax reform, there’s no shortage of critical issues that affect our fiscal future. As these deadlines draw close, the Peter G. Peterson Foundation is providing a quick look at the elements in play. We’re breaking down what’s happening and why it matters today.
Please click here to see our new publication, 2013 Fall Fiscal Agenda: A Critical Time for Action.
About the Peter G. Peterson Foundation
The Peter G. Peterson Foundation is a nonprofit, nonpartisan organization established by Pete Peterson – businessman, philanthropist, and former U.S. Secretary of Commerce. The Foundation is dedicated to increasing public awareness of the nature and urgency of key long-term fiscal challenges threatening America’s future and to accelerating action on them. To address these challenges successfully, we work to bring Americans together to find and implement sensible, long-term solutions that transcend age, party lines and ideological divides in order to achieve real results. To learn more, please visit www.PGPF.org.
Further Reading
Lawmakers are Running Out of Time to Fix Social Security
Without reform, the combined Social Security trust funds will be depleted in 2035.
Budget Basics: Tax Expenditures
Tax expenditures can come in the form of exclusions, exemptions, deductions, and credits.
The U.S. Forgoes Hundreds of Billions of Dollars Each Year Due to Unpaid Taxes
Cracking down on the tax gap would not only introduce more fairness into the system, but it could be a big help for our nation’s fiscal imbalance.