2013 Fall Fiscal Agenda — Sequestration of Discretionary Programs
2013 Fall Fiscal Agenda: A Critical Time for Action; 4 upcoming milestones
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2013 Fall Fiscal Agenda: A Critical Time for Action; 4 upcoming milestones
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
Medical spending increases rapidly with age.
https://www.pgpf.org/chart-archive/0020_medical-spending-by-age
Upon taking office, Governor Daniels laid out a two-year budget proposal that sought to close the state’s deficit by tackling spending and bolstering state revenues.
https://www.pgpf.org/pgpf-programs-and-projects/mitch-daniels-governor-of-indiana
Populations are aging in many countries.
https://www.pgpf.org/chart-archive/0116_aging_world_population
Low-income seniors rely on Social Security benefits for a major share of their retirement income.
https://www.pgpf.org/chart-archive/0018_social-security-low-income
Retired workers make up 70 percent of Social Security beneficiaries.
https://www.pgpf.org/chart-archive/0243_oasdi-beneficiary-percentages
Based on the Trustees’ projections, combined Social Security benefits could be cut by 20 percent in 2035 without legislative action
https://www.pgpf.org/chart-archive/0246_social-security-20-percent-cut
As the population ages, fewer workers will be paying taxes to support each Social Security beneficiary.
https://www.pgpf.org/chart-archive/0004_worker-benefit-ratio