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Improper Government Payments and the Tax Gap

Improper payments are defined as those made in incorrect amounts (mostly overpayments), to the wrong entity, or for the wrong reason. The Government Accountability Office [GAO] says these payments totaled $136.7 billion in fiscal year 2015...

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Economic Growth is Key to Reducing Deficits

One of the best ways to lower the deficit is growing the economy. According to CBO, for every 0.1 percentage point of higher real economic growth, deficit levels could be reduced by roughly $270 billion over the course of 10 years.

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The Link Between Deficits and Debt

For the first time in five years, the Federal budget deficit increased in fiscal year 2016, rising to $587 billion from $438 billion in 2015. The increase stemmed from a sizeable excess of government spending over revenue.

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A Pro-Growth Budget is Needed to Help Americans Succeed

Slow economic growth hurts our country in multiple ways – it means fewer jobs and less opportunity for Americans, and it means smaller paychecks and less financial security for those Americans who do have a job. In fact, more than 5 million Americans are working part-time because they can’t find a full-time job.

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