A Plan for Growth-Oriented Deficit Reduction
The recent Congressional budget agreement, welcome as it is, just postpones rather than solves our budget challenge. Moreover, the "Washington budget consensus", based on cutting the debt by putting "everything on the table," including growth-inducing investments and tax cuts, will not lead to the budget solutions that will maximize U.S. growth.
ITIF has developed a unique budget and debt proposal based on growing GDP and reducing the debt-to-GDP-ratio, including investment, tax and entitlement spending reforms that will boost U.S. productivity, innovation and competitiveness. Please join ITIF and an expert panel to discuss this proposal.