This Fiscal New Year May Mark a Permanent Return to Trillion-Dollar Deficits
Outside of the recent recession caused by the financial crisis and its aftermath, the U.S. government has never witnessed deficits that exceeded $1 trillion.
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Outside of the recent recession caused by the financial crisis and its aftermath, the U.S. government has never witnessed deficits that exceeded $1 trillion.
An overwhelming majority of voters (91%) feel that a stable fiscal foundation will lead to growth.
https://www.pgpf.org/blog/infographic-fiscal-health-leads-to-economic-strength
Funding Will Support New Research to Analyze Economic Implications of COVID-19 Pandemic, Illuminate Solutions for Policymakers
The paper examines the close linkage between America's fiscal health and economic performance.
https://www.pgpf.org/blog/pgpf-special-report-fiscal-balancing-act
While nearly all Americans pay taxes, the composition of the type of taxes paid is very different for taxpayers at various points in the income distribution.
https://www.pgpf.org/blog/2020/07/how-does-the-tax-system-work
We can’t return to the low-inflation, low-interest rate world; we can only go forward through the wormhole the pandemic opened.
CBO’s estimate of the cumulative deficit over the next 10 years totals $2.3 trillion more than the Administration had estimated.
2013 Fall Fiscal Agenda: A Critical Time for Action; 4 upcoming milestones
Putting our nation on a sustainable fiscal path creates a positive environment for growth, opportunity, and prosperity. Unfortunately, America is on a dangerous long-term fiscal path.
https://www.pgpf.org/infographic/infographic-why-long-term-debt-matters
While there is disagreement on specific remedies, there is broad consensus that our current tax code is broken.
https://www.pgpf.org/analysis/2013-fall-fiscal-agenda-%E2%80%94-tax-reform