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Addressing the Nation's Contradictory Fiscal Challenges: Statement before Committee on the Budget, United States Senate

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Publication Date: January 2009

Publisher(s): Tax Policy Center

Author(s): Robert D. Reischauer

Special Collection: John D. and Catherine T. MacArthur Foundation

Topic: Economics (Economic theory)

Keywords: Economy; Federal Budgets & Fiscal Policy; Income and Wealth Distribution; Fiscal future

Type: Report


In testimony before the Senate Budget Committee, UI's president and former director of the Congressional Budget Office, discusses remedies for the nation's two serious --and diametrically opposed --fiscal challenges: the immediate, short-run problems of economic recession, and the issue of long-term fiscal sustainability.