Policymakers could stabilize the debt (so it stops rising as a percent of the economy) over the latter part of the decade with about $900 billion in further deficit savings, according to calculations by the Center on Budget and Policy Priorities.
Policymakers could stabilize the federal debt (so it stops rising as a percent of the economy) over the latter part of the decade with about $900 billion in further deficit savings, according to the Center on Budget and Policy Priorities.
As the deadline for filing state and federal tax returns approaches, we have put together the following resources to help you understand what your tax dollars support. We also highlight reports and educational materials on closing tax loopholes and improving overall tax fairness.
Critical federal funding for Pennsylvania's schools, health care, clean water, law enforcement, and other key services would be slashed under a budget plan approved last week by the U.S. House of Representatives authored by House Budget Committee Chairman Paul Ryan.
Automatic cuts to federal funding for a broad range of crucial services are scheduled to go into effect on March 1, 2013. It is bad policy that will hurt the still-struggling economy and undermine our ability to invest in critical priorities for our children and communities.
The Pennsylvania Budget and Policy Center hosted its annual Budget Summit in Harrisburg, providing an in-depth look at the state and federal budgets and what they mean for communities and families across Pennsylvania. Get materials from the Summit as well as a link to live tweets.
The agreement reached by President Obama and Congress on January 1 was both historic and disappointing — and it leaves much unsettled. PBPC Director Sharon Ward breaks down what is in the deal and what happens next.