US 2050: Research Summary
With a changing demography as the backdrop, the US 2050 project examines the economic forces and trends that will determine American living standards three decades from now.
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With a changing demography as the backdrop, the US 2050 project examines the economic forces and trends that will determine American living standards three decades from now.
"This report confirms that tax cuts don’t pay for themselves," said Michael A. Peterson, President and CEO of the Peter G. Peterson Foundation.
The number one financial worry for Americans is having enough money for retirement — and for good reason.
https://www.pgpf.org/blog/2016/06/six-challenges-to-retirement-security
CBO plays a vitally important role in the federal budget process.
Establishing a framework for long-term fiscal sustainability will narrow the gap between federal revenues and spending, and, by doing so, improve prospects for economic growth.
"This tax legislation is increasingly irresponsible from a fiscal standpoint," said Michael A. Peterson, President and CEO of the Peter G. Peterson Foundation.
While a 10-year window is currently the standard, the number of years covered by budget resolutions has varied.
CBO estimates that the number of uninsured under age 65 rose by 1 million people and anticipates the total to rise by another million people this year.
As Congress returns from its August recess, lawmakers face a to-do list filled with important fiscal deadlines.
To help better inform the current debate over tax reform, the Tax Policy Center (with a grant from the Peterson Foundation) put real numbers behind different scenarios for tax reform that are both distributionally neutral and fiscally responsible.