These Tax Expenditures Cost Billions More than Anticipated — Here’s Why
Tax expenditures are costly for the federal government but they can be effective vehicles for lawmakers to achieve policy goals.
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Tax expenditures are costly for the federal government but they can be effective vehicles for lawmakers to achieve policy goals.
Social Security is the largest single program in the federal budget and makes up approximately one quarter of total federal spending.
https://www.pgpf.org/budget-basics/how-does-social-security-work
Discover why our fiscal health and economic strength are so closely tied, and why it is important to get the deficit under control and work toward a balanced budget.
Earmarks have been controversial, but nevertheless were reinstated by Congress in 2021 after a 10-year moratorium.
Become a fiscal leader to help educate and inspire others on the importance of improving our fiscal policy.
Tax reform done right would promote economic growth, make our fiscal outlook more sustainable, reduce the complexity and burden of compliance, and increase the system’s transparency and fairness.
Policymakers use the federal budget process to establish spending priorities and to determine who will pay for those activities.
https://www.pgpf.org/finding-solutions/understanding-the-budget/budget-process
Under current law, federal debt is now projected to reach 150 percent of GDP within 30 years — by far an all-time high.
The Peter G. Peterson Foundation Economic Forum brings together thought leaders shaping the future of our nation for in-depth conversations on America’s most pressing issues.
https://www.pgpf.org/what-we-are-doing/events/economic-forum