*[Enwl-eng] Resource: Rethinking the Federal Budget By CuttingFossil Fuel Subsidies and Implementing A Carbon Tax

[ENWLine]

*15 Ways to Rethink the Federal Budget*

In the coming months, policymakers will be making important decisions on
how to reduce the federal budget deficit. These decisions pose
significant political and economic challenges, but also create a rare
window of opportunity for policymakers to decide what kinds of programs
and investments our country values, and what sort of society we will
create for future generations.

To this end, The Hamilton Project asked leading experts from a variety
of backgrounds---the policy world, academia, and the private sector, and
from both sides of the political aisle---to develop policy proposals
which could form a partial menu of options to achieve responsible
deficit reduction. The mandate given to the authors was to describe
pragmatic, evidenced-based proposals that would both reduce the deficit
and also bring broader economic benefits. The resulting fifteen
proposals are included in The Hamilton Project's, 15 Ways to Rethink the
Federal Budget. While not intended to cover every budget category, these
papers take on a wide-ranging set of topics, including immigration,
transportation, health care, defense spending, and tax expenditures, and
include options to reduce mandatory and discretionary expenditures,
raise revenues, and improve government efficiency.


Introduction
An Enduring Social Safety Net

* Transitioning to Bundled Payments in Medicare
* Reforming Federal Support for Risky Development
* Restructuring Cost Sharing and Supplemental Insurance for Medicare
* An Evidence-Based Path to Disability Insurance Reform

Innovative Approaches to Tax Reform

* * Eliminating Fossil Fuel Subsidies*
* Better Ways to Promote Saving through the Tax System
* Limiting Individual Income Tax Expenditures
* Replacing the Home Mortgage Interest Deduction

New Sources of Revenue and Efficiency

* Funding Transportation Infrastructure with User Fees
* Creating an American Value-Added Tax
* * The Many Benefits of a Carbon Tax*
* Overhauling the Temporary Work Visa System
* Increasing the Role of the Private Sector in Housing Finance

Budgeting for a Modern Military

* National Defense in a Time of Change
* Making Defense Affordable



http://www.hamiltonproject.org/papers/15_ways_to_rethink_the_federal_budget/


*** NOTICE: In accordance with Title 17 U.S.C. Section 107, this
material is distributed, without profit, for research and educational
purposes only. ***



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Subject: Resource: Rethinking the Federal Budget By Cutting Fossil Fuel
Subsidies and Implementing A Carbon Tax


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