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Eight popular tax provisions accounted for a large majority of annual tax expenditures.
https://www.pgpf.org/chart-archive/0009_largest-tax-expenditures
The top 1 percent of taxpayers generate 30 percent of individual income tax revenues.
The top 1 percent of taxpayers receive 19 percent of the benefit from individual income tax expenditures.
“Voters understand that ‘not touching’ Social Security is not an option because automatic cuts are unacceptable and waiting only makes the problem more costly and difficult to solve,” said Michael A. Peterson.
https://www.pgpf.org/press-release/2024/05/fci-press-release
Learn about what types of initiatives and programs are eligible for grants from the Peter G. Peterson Foundation.
https://www.pgpf.org/what-we-are-doing/grants/eligibility-requirements-for-grants
As chairman and chief executive officer of the Peter G. Peterson Foundation, Michael Peterson oversees the strategic direction of the Foundation, guiding policy and shaping strategy for its major initiatives, key partnerships, and long-term objectives.
“The vast majority of Americans across party lines continue to urge national leaders to manage the debt,” said Michael A. Peterson, CEO of the Peterson Foundation.
https://www.pgpf.org/press-release/2019/03/fci-press-release
According to the report, reaching primary balance would require a reduction of $255 billion in the projected deficit in 2015.
https://www.pgpf.org/analysis/cap-shows-what-it-might-take-to-balance-the-budget