Quick Search

Keyword
Title
Author
Seller Id
Advanced Search
 
 

Find us on:

 
Gift Certificate

 
 
Business & Economics:Economics:Macroeconomics
       Tell a Friend
Add to Shopping Cart
Restoring Fiscal Sanity: How to Balance the Budget
Stock Image
Author Name:    Rivlin, Alice M.

Title:   Restoring Fiscal Sanity: How to Balance the Budget

Binding:   PAPERBACK

Book Condition:   New

Publisher:    Brookings Institution Press 

ISBN Number:   0815777817 / 9780815777816

Seller ID:   ING9780815777816

0815777817 Special order direct from the distributor

More Description

The United States is standing at a critical juncture in its fiscal outlook. After experiencing a brief period of budget surpluses at the turn of the century, the federal government will run deficits that add about $4 trillion to the national debt over the next decade. Substantial deficits will likely continue long into the future because the looming retirement of the baby boom generation will raise spending in Social Security, Medicare, and Medicaid. At the same time, the federal government appears to be neglecting spending in key areas of social and economic policy. The nation thus faces a vital choice: continue down a path toward future fiscal crisis while under investing in critical areas, or increase resources in high-priority areas while also reducing the overall budget deficit. This choice will materially affect Americans economic status and security in the immediate future as well as over long horizons. In "Restoring Fiscal Sanity," a group of Brookings scholars with high-level government experience provide an overview of the countrys likely medium- and long-term spending needs and the resources available to pay for them. They propose three alternative fiscal paths that are more responsible than the current path. One plan emphasizes spending cuts, the second emphasizes revenue increases, and a third is a balanced mix between the two. The contributors address the policy choices in such areas as defense, homeland security, international assistance, and programs targeted to the less advantaged, the elderly, and other domestic priorities. In the process, they provide an understanding of the short- and long-run trade offs and illustrate how the budget can be reshaped to achieve highpriority objectives in a fiscally responsible way.



Price = 36.44 CDN
Add to Shopping Cart

cookie