Deficit Reduction: Spending & Revenue Options (Economic Issues, Problems and Perspectives: American Political, Economic and Security Issues) - Hardcover

 
9781613248362: Deficit Reduction: Spending & Revenue Options (Economic Issues, Problems and Perspectives: American Political, Economic and Security Issues)
Hardcover
ISBN 10: 1613248369 ISBN 13: 9781613248362
Publisher: Nova Science Publishers Inc, 2012

Synopsis

The choices facing the 112th Congress come at a time when the federal government's debt has increased dramatically in the past few years and when large annual budget deficits are projected to continue indefinitely under current laws or policies. Beyond the coming decade, the ageing of the U.S. population and rising health care costs will put increasing pressure on the budget. If federal debt continues to expand faster than the economy, as it has since 2007, the growth of people's income will slow, the share of federal spending devoted to paying interest on the debt will rise more quickly, and the risk of a fiscal crisis will increase. This book examines options that would reduce projected budget deficits covering an array of policy areas from defence to energy, to entitlement programs, to provisions of the tax code.

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Publisher
Nova Science Publishers Inc
Publication date
2012
Language
English
ISBN 10 
1613248369
ISBN 13 
9781613248362
Binding
Hardcover
Number of pages
277
Editor
Mayer Julian L, Lehner Alexander D