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Federal Deficit Reduction: Choices & Considerations
Carl Frankel
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Description for Federal Deficit Reduction: Choices & Considerations
Hardback. Editor(s): Frankel, Carl; Iglehart, Dan. Num Pages: 116 pages. BIC Classification: 1KBB; KCP; KFFD. Category: (P) Professional & Vocational; (UP) Postgraduate, Research & Scholarly. Dimension: 238 x 160 x 15. Weight in Grams: 376.
The United States is facing fundamental budgetary challenges. Federal debt held by the public exceeds 70 percent of the nation's annual output or GDP, a percentage not seen since 1950, and a continuation of current policies would boost the debt further. Although debt would decline to 58 percent of GDP in 2022 under the current-law assumptions that underlie the CBO's baseline projections, those projections depend heavily on significant increases in taxes and decreases in spending that are scheduled to take effect at the beginning of January. If, instead, lawmakers maintained current policies by preventing most of those changes from occurring, ... Read more
The United States is facing fundamental budgetary challenges. Federal debt held by the public exceeds 70 percent of the nation's annual output or GDP, a percentage not seen since 1950, and a continuation of current policies would boost the debt further. Although debt would decline to 58 percent of GDP in 2022 under the current-law assumptions that underlie the CBO's baseline projections, those projections depend heavily on significant increases in taxes and decreases in spending that are scheduled to take effect at the beginning of January. If, instead, lawmakers maintained current policies by preventing most of those changes from occurring, ... Read more
Product Details
Publisher
Nova Science Publishers Inc United States
Number of pages
116
Format
Hardback
Publication date
2013
Condition
New
Number of Pages
116
Place of Publication
New York, United States
ISBN
9781624177798
SKU
V9781624177798
Shipping Time
Usually ships in 5 to 9 working days
Ref
99-2
About Carl Frankel
Carl Frankel is a writer, journalist, and consultant, and one of North America's leading authorities on business and sustainable development. He is currently US editor for Tomorrow Magazine (an environmental-business magazine); a contributing editor to The Green Business Letter (a trade newsletter); and a member of the editorial advisory board of Yes! The Journal of Positive Futures. From 1990 to ... Read more
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