ENGLISH

Restoring Fiscal Sanity 2005: Meeting the Long-Run Challenge

By Isabel V. Sawhill , Alice M. Rivlin

Book information

Publisher
Brookings Institution Press
Year
2005
ISBN
0815774915, 9780815774914
Open Library ID
OL8050282M
Language
english
Format
PDF
Filesize
527 kB (539205 bytes)
Edition
2005
Pages
161\161
Scanned
yes
Time added
2012-03-17 06:00:00

Description

The retirement of the baby boom generation will create spiraling costs for health care and pension programs. Combined with lower revenues, these developments will lead to a decline in economic growth if nothing is done. In this second volume of Restoring Fiscal Sanity, a group of policy experts focus on how to bring spending and revenues in line over the next decade, and even more important, how to balance them over the longer term. They suggest reforms in the tax system, Social Security, and Medicare that might close this looming gap and put the nation on a sounder fiscal footing. Contributors include Henry J. Aaron, William G. Gale, Ron Haskins, Jack Meyer, and Peter R. Orszag (Brookings Institution), Rudolph G. Penner and C. Eugene Steuerle (Urban Institute), and John B. Shoven (Stanford University).

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