Statement on Fiscally Irresponsible "Tax Extenders" Legislation
The Peterson Foundation releases a statement on the fiscally irresponsible "tax extenders" legislation.
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The Peterson Foundation releases a statement on the fiscally irresponsible "tax extenders" legislation.
An aging population and rising healthcare costs will drive sharp increases in Medicare spending, which will not keep pace with the program's funding sources.
https://www.pgpf.org/analysis/2017/07/medicare-trustees-warn-of-serious-financial-shortfalls
Medicare’s financial problems affect the entire budget, and are largely responsible for projected increases in federal deficits.
https://www.pgpf.org/analysis/the-financial-condition-of-medicare
The Peter G. Peterson Foundation designed the Solutions Initiative, which asked six organizations representing the wide scope of American political thought to develop comprehensive plans for putting the country on a fiscally sustainable long-term path.
https://www.pgpf.org/analysis/the-2011-fiscal-summit-the-solutions-initiative
“While these ideas represent a start, much more can be done to improve our budget process in order to help achieve more fiscally responsible policies," Michael A. Peterson, CEO of the Peter G. Peterson Foundation, said.
As Congress returns from its August recess, lawmakers face a to-do list filled with important fiscal deadlines.
Every month the U.S. Treasury releases data on the federal budget, including the current deficit. Here is the data for December 2018.
https://www.pgpf.org/the-current-federal-budget-deficit/budget-deficit-december-2018
If taxes are not increased or spending is not cut, CBO projects that interest costs will climb and federal debt will grow to levels that will damage our economy.
As lawmakers consider a range of costly new tax and spending proposals, voters across party lines are urging their leaders to prioritize the nation’s high and rising debt.
https://www.pgpf.org/press-release/2019/06/fci-press-release
Americans continue to be concerned about the nation's long-term debt and believe the problem is likely to get worse in the next few years, according to the Peter G. Peterson Foundation’s latest Fiscal Confidence Index.
https://www.pgpf.org/press-release/2013/02/fci-press-release