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Independent analyses agree unanimously that either bill would add significantly to the growing national debt.
https://www.pgpf.org/blog/2017/12/poll-voters-say-that-tax-reform-shouldn%E2%80%99t-grow-the-debt
"As our leaders consider reforms in key areas such as healthcare and tax reform, we must enact policies that also improve our nation’s fiscal outlook. Looking ahead, the President and Congress have the opportunity to work together to stabilize our debt and provide a strong foundation for economic growth," said Michael A. Peterson, President and CEO of the Peter G. Peterson Foundation.
https://www.pgpf.org/press-release/2017/02/statement-on-president%E2%80%99s-address-to-congress
Every month the U.S. Treasury releases data on the federal budget, including the current deficit. Here is the data for October 2020.
https://www.pgpf.org/the-current-federal-budget-deficit/budget-deficit-october-2020
Every month the U.S. Treasury releases data on the federal budget, including the current deficit. Here is the data for November 2020.
https://www.pgpf.org/the-current-federal-budget-deficit/budget-deficit-november-2020
The third session in the Peter G. Peterson Foundation Economic Forum’s series Restoring Our Economy Post-Pandemic Pandemic analyzed the unprecedented effects that this crisis has had on our economy, against the backdrop of the 2020 election.
The report projects that in 2018 — for the first time since 1982 — the program’s total costs will exceed its total income.
Since its establishment in 2008, the Peter G. Peterson Foundation has been dedicated to advancing solutions to our nation’s long-term fiscal challenges.
https://www.pgpf.org/analysis/the-peter-g-peterson-foundation-progress-report-2008-2011
The Peter G. Peterson Foundation is joining with POLITICO to present the inaugural series of Morning Money Breakfast Briefings, hosted by POLITICO’s Chief Economic Correspondent, Ben White.
This project seeks to understand how mobility has evolved over the course of the 20th Century to predict how it may evolve over the next 30 years. It examines neighborhood factors that affect mobility and investigates whether the historical characteristics of childhood neighborhoods affect adult outcomes. The paper includes results for children by race, gender and levels of parental income.
The pandemic exposed major U.S. healthcare issues, but key lessons can help improve the system going forward, according to two leading experts.