The economy. This is about 40 minutes. 1. 6 trillion dollars, interest outlays are roughly 1. 5 times larger than either defense or nondefense spending. Also boosted deficits are two underlying trends, the aging of the population and growth in federal Health Spending per beneficiary. Those trends put upward pressure on mandatory spending. Measured in relation to economic output, federal debt by help held by the public rises to 99 in 2024 to 160 in 2034. Surpassing its historical peak. And then the debt ratio continues to rise, reaching 172 by 2054. From 2024 to 2033, the deficit is about 7 smaller than we projected last year. Primarily as a result of the fiscal responsibly act of 2023 and the subsequent continuing resolution. Together, those laws produce the Discretionary Spending. In our projections, the deficit is also smaller than it was last year because economic output is greater. Partly as a result of more people working. The labor force in 2020 20 23 is larger by 5. 2 million pe
The economy. This is about 40 minutes. 1. 6 trillion dollars, interest outlays are roughly 1. 5 times larger than either defense or nondefense spending. Also boosted deficits are two underlying trends, the aging of the population and growth in federal Health Spending per beneficiary. Those trends put upward pressure on mandatory spending. Measured in relation to economic output, federal debt by help held by the public rises to 99 in 2024 to 160 in 2034. Surpassing its historical peak. And then the debt ratio continues to rise, reaching 172 by 2054. From 2024 to 2033, the deficit is about 7 smaller than we projected last year. Primarily as a result of the fiscal responsibly act of 2023 and the subsequent continuing resolution. Together, those laws produce the Discretionary Spending. In our projections, the deficit is also smaller than it was last year because economic output is greater. Partly as a result of more people working. The labor force in 2020 20 23 is larger by 5. 2 million pe
To protect american network, this is nearly one hour and 10 minutes. Good morning, everyone. My name is alex quinn and im president of elected officials to protect america. Eopa is a nonpartisan network of elected officials who are deeply committed to protecting our planet from the dangers of the climate crisis. Ensuring land and water production and democracy and helping to ensure environmental justice. We are here today to highlight the historic investment of the Inflation Reduction Act. It is a historic investment in our security, prosperity and health. I first saw the importance of this when i was deployed out with the marine corps in iraq. It was one of those blistering hot days, when you touch the rifle, marines can sometimes be overzealous and we tried to do competitions. Who can touch it longest in the heat . Unfortunately, someone tried to blow our vehicle up. Fortunately, he was not very good at his job. As the dost the settling, we managed to catch him and realized he was a
Hello and welcome to the American University. My name is caroline and i am a tax professor and managing direct center here in the school of business. I wanted to take a quick moment to introduce you to the tax li that dont know as we are a nonpartisan Research Center housed in the school of business and we put out research on issues ranging from Small Business literacy and education to Tax Compliance challenges the independto capital challenges of Business Owners and importantly for today, Tax Administration c challenges. More broadly, we are experts on aia analytics and Digital Transformations and we build this expertise into the research and curriculum for example the Research Center earlier this year together with ibm center of the business of Government Produced research on how tax agencies can effectively adopt and deploy aai. The research reflects opportunities and challenges for those using ai and we were able to draw on comments from the commissioner, other irs folks into tax a
Now a discussion on the clean Energy Benefits of the Inflation Reduction Act and how it affects local communities around the country. State and local lawmakers highlighted several topics from Green Energy Jobs to funding for disaster recovery. Hosted by the elected officials to protect american network, this is nearly one hour and 10 minutes. Good morning, everyone. My name is alex quinn and im president of elected officials to protect america. Eopa is a nonpartisan network of elected officials who are deeply committed to protecting our planet from the dangers of the climate crisis. Ensuring land and water production and democracy and helping to ensure environmental justice. We are here today to highlight the historic investment of the Inflation Reduction Act. It is a historic investment in our security, prosperity and health. I first saw the importance of this when i was deployed out with the marine corps in iraq. It was one of those blistering hot days, when you touch the rifle, mari