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The Tax Reform Tradeoff: Eliminating Tax Expenditures, Reducing Rates
The paper puts real numbers behind different scenarios for a structure for tax reform: eliminating income tax expenditures to enable lower tax rates.
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The paper puts real numbers behind different scenarios for a structure for tax reform: eliminating income tax expenditures to enable lower tax rates.
The Foundation releases a statement on the significant opportunity the Budget Conference Committee has to set long-term plan on debt.
This past weekend's edition of PBS TV's "The Open Mind" welcomed PGPF President and CEO Michael A. Peterson for a half-hour interview.
https://www.pgpf.org/blog/michael-peterson-interview-on-pbs-the-open-mind
The United States, by far, spends the greatest amount on military (in nominal terms) than any other country.
https://www.pgpf.org/analysis/why-defense-matters-for-deficit-reduction
Every month the U.S. Treasury releases data on the federal budget, including the current deficit. Here is the data for May 2020.
https://www.pgpf.org/the-current-federal-budget-deficit/budget-deficit-may-2020
What will America look like at mid-century? US 2050 will examine and analyze the multiple demographic, socioeconomic, and fiscal trends that will shape the nation in the decades ahead.
Peter G. Peterson releases a statement on the new Simpson-Bowles deficit-reduction framework.
Every month the U.S. Treasury releases data on the federal budget, including the current deficit. Here is the data for June 2020.
https://www.pgpf.org/the-current-federal-budget-deficit/budget-deficit-june-2020
The House and Senate must show leadership in key issues facing the nation, like finding consensus on a $90 billion budget gap before the end of the fiscal year, or next month’s looming debt ceiling debate.
https://www.pgpf.org/press-release/infographic-%E2%80%94-welcome-back-congress
President Obama's budget keeps the debt from rising as a share of the economy, but it does not address the key drivers of our long-term unsustainable debt.