U.S. Fiscal Policies and Priorities for Long-Run Sustainability / Martin Mühleisen, Christopher Towe.

Format:

Book

Government document

Author/Creator:

Mühleisen, Martin.

Contributor:

Towe, Christopher.

Series:

Occasional Papers; Occasional Paper ; No. 2004/001

Occasional Papers

Language:

English

Subjects (All):

Fiscal policy--United States.

Fiscal policy.

Budget deficits--United States.

Budget deficits.

Social security--United States--Finance.

Social security.

Energy tax--United States.

Energy tax.

United States--Economic conditions--2001-2009.

United States.

United States--Economic policy.

Physical Description:

1 online resource (63 pages)

Place of Publication:

Washington, D.C. : International Monetary Fund, 2004.

Summary:

This paper presents an overview of recent U.S. fiscal developments and discusses possible implications of the sharp turn around in the government’s fiscal position. Against this back ground, it also reviews key policy challenges that will need to be addressed to cope with the mounting pressures on public retirement and health care systems during the next decade. The study draws principally from back ground papers that were prepared for the IMF staff’s annual consultation discussions with the U.S.authorities in 2002 and 2003.

Contents:

Overview : returning deficits and the need for fiscal reform / Martin Mühleisen

Economic impact of U.S. budget policies / Roberto Cardarelli and Ayhan Kose

Social Security, Medicare, and U.S. fiscal prospects / Paula De Masi, Iryna Ivaschenko, and Christopher Towe

Long-run U.S. fiscal imbalance : an intergenerational analysis / Roberto Cardarelli and Christopher Towe

U.S. energy policy : the role of taxation / Jim Prust and Dominique Simard

Budget Enforcement Act and options for reform / Michael Kell

Will the state and local budget crisis hinder economic growth? / Iryna Ivaschenko. Iryna Ivaschenko.

Notes:

Description based on print version record.

ISBN:

9781462353217

1462353215

9781452762098

1452762090