One marker of prudent fiscal practices is maintaining balance between spending and revenues.
At the federal level, budgetary spending can be grouped into two categories: entitlement and discretionary spending.
Over the years, federal and state governments have tried to change budget rules to control government spending and impose fiscal discipline.
Policymakers use the tax system not only to raise revenue but also to promote social policy goals.
AARP’s policies on personal and legal rights are guided by these six principles:
Fraud is a serious crime, and older adults are often targeted. In 2017 over half of fraud complaints came from adults age 50 and older.