Addressing the Nation's Contradictory Fiscal Challenges: Statement before Committee on the Budget, United States Senate
Publication Date: January 2009
Publisher: Tax Policy Center
Author(s): Robert D. Reischauer
Research Area: Economics
Keywords: Economy; Federal Budgets & Fiscal Policy; Income and Wealth Distribution; Fiscal future
Type: Report
Abstract:
In testimony before the Senate Budget Committee, UI's president and former director of the Congressional Budget Office, discusses remedies for the nation's two serious --and diametrically opposed --fiscal challenges: the immediate, short-run problems of economic recession, and the issue of long-term fiscal sustainability.
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