Economists Lay Out Path To Fiscal Stability For U.S.
Wednesday, January 13, 2010 - 23:35
in Psychology & Sociology
If left unaddressed, the U.S. government's growing debt will inevitably limit America's future wealth and risk a disruptive fiscal crisis, claims a new report from the National Research Council and the National Academy of Public Administration. The report lays out several tax and spending options that would stabilize the national debt within a decade as well as a set of simple tests to determine whether any proposed federal budget would lead to long-term fiscal stability. read more