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Author: United States. General Accounting Office
Publisher:
ISBN:
Category : Budget deficits
Languages : en
Pages : 36
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Book Description
Author: United States. General Accounting Office
Publisher:
ISBN:
Category : Budget deficits
Languages : en
Pages : 36
Get Book Here
Book Description
Author:
Publisher: DIANE Publishing
ISBN: 1428977465
Category :
Languages : en
Pages : 36
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Book Description
Author: Stati Uniti. General Accounting Office
Publisher:
ISBN:
Category :
Languages : en
Pages : 0
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Book Description
Author: United States. General Accounting Office
Publisher:
ISBN:
Category : Budget deficits
Languages : en
Pages : 32
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Book Description
Author:
Publisher:
ISBN:
Category :
Languages : en
Pages :
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Book Description
Author: United States. General Accounting Office
Publisher:
ISBN:
Category :
Languages : en
Pages : 0
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Book Description
This report updates earlier GAO simulations of the long-term economic impact of federal budget policy. GAO first used a macroeconomic model in 1992 to simulate the effects of alternative fiscal policy paths in promoting or inhibiting long-term economic growth. The results supported the view that deficit reduction is the key to the nation's long-term economic health. In 1995, GAO's updated simulations indicated that a path of "no action," under which current policies remained unchanged, could not be sustained over the long term. GAO identified three forces driving the long-term growth of the budget deficit: health spending, Social Security, and interest costs. This report updates GAO's work to address the long-term budget outlook following passage of the Balanced Budget Act of 1997. GAO uses its long-term economic growth model to simulate the path resulting from the act through the year 2050 assuming no further policy changes ("no action"). GAO also presents several alternative fiscal policy paths to illustrate how overall fiscal policy changes can affect future budgetary and economic outcomes.
Author:
Publisher: DIANE Publishing
ISBN: 9781422397534
Category :
Languages : en
Pages : 22
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Book Description
Author: United States. General Accounting Office
Publisher:
ISBN:
Category : Budget deficits
Languages : en
Pages : 144
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Book Description
Author: David M. Walker
Publisher: DIANE Publishing
ISBN: 1437900224
Category : Business & Economics
Languages : en
Pages : 21
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Book Description
For many years, we have been warned that our nation is on an imprudent & unsustainable fiscal path. During the past three years, the Comptroller General has traveled to 25 states as part of the Fiscal Wake-Up Tour. Members of this diverse group of policy experts agree that finding solutions to the nation¿s long-term fiscal challenge will require bipartisan cooperation, a willingness to discuss all options, & the courage to make tough choices. In this testimony, the Comptroller General discusses the long-term fiscal outlook, our nation¿s huge health care challenge, & the shrinking window of opportunity for action. Illustrations.
Author:
Publisher:
ISBN:
Category : Aging
Languages : en
Pages : 76
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Book Description
"This Congressional Budget Office (CBO) report extends previous long-term analyses by CBO, examining pressures on the federal budget over the coming decades and the kinds of policy choices that lawmakers face as they consider ways to alleviate those pressures. If current policies continue, rapidly rising health care costs and an aging population will sharply increase federal spending for entitlement programs, such as Social Security, Medicare, and Medicaid. This report presents illustrative scenarios for federal spending and revenues through 2050 and describes the implications of those scenarios for the economy. In accordance with CBO's mandate to provide objective and impartial analysis, this document contains no recommendations"--Preface.
