Compared to our peers, the U.S. tax code has generally been more progressive than any other in the developed world.

Of that total, $186 billion was concentrated in the five biggest problem areas: overpayments made for Medicare, Medicaid, the Earned Income Tax Credit, plus Pandemic Unemployment Assistance ...

The problem isn’t tax revenue. It’s spending. … There is no path to long-term fiscal solvency that does not run through spending reform.” ...