Budget Basics: Tax Expenditures
Tax expenditures can come in the form of exclusions, exemptions, deductions, and credits.
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Tax expenditures can come in the form of exclusions, exemptions, deductions, and credits.
President Biden’s request for discretionary funding for next year (fiscal year 2022) would substantially increase funding for nondefense programs, particularly in the Departments of Education, Health and Human Services, Housing and Urban Development, and Veterans Affairs.
Pete Peterson launched the Peterson G. Peterson Foundation to secure a brighter future for America through fiscal policy and bipartisan fiscal solutions.
We asked 10 respected policy experts from across the ideological spectrum to share their views on a fiscal commission. Here are the key takeaways.
https://www.pgpf.org/blog/2023/11/what-the-experts-are-saying-about-a-bipartisan-fiscal-commission
The top 20 percent of income earners receive over half the value of major tax expenditures.
https://www.pgpf.org/Chart-Archive/0199_distribution_tax_expenditures
Today, the Social Security and Medicare Trustees released their annual reports on the programs’ financing, showing that the future of these vital programs remain at risk.
https://www.pgpf.org/blog/2024/05/social-security-and-medicare-are-facing-serious-shortfalls
The Morning Money Breakfast Briefings feature informed commentary and discussion to reinforce the connections between the nation’s long-term fiscal challenges and the most pressing economic policy issues of the day.
The Fiscal Confidence Index is a national survey that measures public opinion about the national debt.