European Parliament Library

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

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
Table Of 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
Literary Form
non fiction
Physical Description
1 online resource (63 pages)
Form Of Item

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