America Chooses A President and Congress. Now It's Their Turn To Make Some Choices
Over the next several weeks, as the President and Congress confront the "fiscal cliff," they will have a big opportunity to make the right choice.
The search found 924 results in 0.223 seconds.
Over the next several weeks, as the President and Congress confront the "fiscal cliff," they will have a big opportunity to make the right choice.
The end of the supercommittee doesn’t mean the end of the fiscal policy debate in Washington.
"No party, or even individual member, has bragging rights when it comes to advocating for, or making progress on, reducing the deficit and debt," writes Heidi Heitkamp.
“It’s a positive step to see proposals which raise the debt ceiling while also beginning to address our unsustainable fiscal outlook," said Michael A. Peterson.
https://www.pgpf.org/press-release/2023/04/peterson-foundation-statement-on-debt-ceiling-proposals
The answer to how to address the multitude of challenges and their disproportionate impact is to pay for it — set priorities and ensure there is revenue to meet those priorities — not through smoke and mirrors or budget gimmicks.
https://www.pgpf.org/expert-views/americas-fiscal-and-economic-outlook/debt-matters
Following the 2017 tax reform, the federal statutory corporate tax rate in the United States is now more in line with many other OECD countries.
https://www.pgpf.org/chart-archive/0273_statutory_corporate_income_tax_rates
Sequestration is a process that cuts federal spending through across-the-board reductions.
https://www.pgpf.org/budget-basics/what-you-should-know-about-the-sequester
"If today’s policymakers are serious about addressing a legacy of growing debt and deficits, they should come together to address long-term health care cost growth," writes Lanhee J. Chen, Ph.D.
Every month the U.S. Treasury releases data on the federal budget, including the current deficit. Here is the data for June 2022.
https://www.pgpf.org/the-current-federal-budget-deficit/budget-deficit-june-2022