Budget battles continue in Washington even after the White House and
Congress cut a last-minute deal to avert the so-called “fiscal cliff.”
With the imminent threat of default removed for now, the next potential
challenge to the economy could come from sequestration, set to go into
effect on March 1.
The Hamilton Project asked experts from a
variety of backgrounds—the policy world, academia, and the private
sector—and from both sides of the political aisle, to provide
innovative, pragmatic proposals for lowering the deficit by reducing
expenditures or raising revenues, and that take into account impacts to
the economy at large.
The resulting 13 proposals
range across budget groups, and include options to reduce mandatory and
discretionary programs, to improve economic efficiency, and touch on
topics as wide ranging as immigration, transportation, healthcare, and
mortgage interest. This diverse group of authors will convene in at a
forum today in Washington, D.C. to discuss their ideas in a
series of roundtable discussions.
Here are the tax-related panels:
Panel #2: Innovative Approaches to Tax Reform:
Robert Greenstein (Center on Budget and Policy Priorities) (moderator)