Restoring generational balance in U.S. fiscal policy: what will it take?

A study of the magnitudes of tax increases, transfer cuts, or reductions in government purchases that would be needed to rectify the huge imbalance in the generational stance of U.S. fiscal policy, concluding that congressionally proposed outlay reductions in nondefense and non-Social Security spending would still be insufficient to bridge the gap.

MoreLess

Year of publication:	1995
Authors:	Auerbach, Alan J. ; Gokhale, Jagadeesh ; Kotlikoff, Laurence J.
Published in:	Economic Review. - Federal Reserve Bank of Cleveland. - 1995, Q I, p. 2-12
Publisher:	Federal Reserve Bank of Cleveland
Subject:	Fiscal policy \| Taxation

More details

Extent:	application/pdf
Type of publication:	Article
Language:	English
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10005360718