Tax and Budget Policy in Year One
Publication Date: November 2008
Publisher:
Author(s): Len Burman
Research Area: Economics
Keywords: Fiscal policy; Presidential transition; Budget
Type: Brief
Coverage: United States
Abstract:
As President-Elect Obama's sometimes pal, Bill Clinton, likes to say, “Don’t stop thinking about tomorrow.†The immediate priority for the administration must be to extricate the country from the perilous economic situation the financial market meltdown has created, but the short-term actions we take now should not exacerbate the country’s even more serious long-term fiscal problems.
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