Addressing the Long-Run Budget Deficit A Comparison of Approaches

Format:

Book

Government document

Author/Creator:

Library of Congress. Government Division

Language:

English

Subjects (All):

Aging.

Budget--United States.

Budget.

Debts, Public.

Expenditures, Public.

Physical Description:

1 online resource

Contained In:

ProQuest U.S. Congressional Research Digital Collection

Place of Publication:

[United States] [publisher not identified] 2011

Summary:

Examines alternative approaches to reducing the deficit, relating to immediate issues arising from the Budget Control Act and expiring tax cuts as well as to ongoing longer-term decisions about how to bring the debt under control. Discusses trade-offs between limiting the provision of defense and domestic public goods, reducing transfers to persons including entitlements for the elderly and those with low income, reducing support for State and local governments, and raising taxes. Addresses how limiting reliance on one source of deficit reduction creates pressure on other sources, using projections of the debt and deficit. Includes tables

Notes:

CRS Report

Record is based on bibliographic data in ProQuest U.S. Congressional Research Digital Collection (last viewed Apr. 2014). Reuse except for individual research requires license from ProQuest, LLC

Vendor supplied data

Other Format:

Microfiche version Library of Congress. Government Division. Addressing the Long-Run Budget Deficit

Publisher Number:

CRS-2012-GVF-0457

Access Restriction:

Restricted for use by site license