A Better Measure of Long-Term Spending: FASAB Proposes Changes in Accounting for Social Security, Medicare
Publication Date: October 2006
Publisher: Heritage Foundation (Washington, D.C.)
Author(s): Alison Acosta Fraser
Research Area: Banking and finance
Keywords: Budget; Accounting; Social Security; Medicare
Type: Brief
Coverage: United States
Abstract:
Social Security and Medicare are a growing threat to the federal budget, and providing better information about their liabilities will help the public and policymakers to address them seriously.
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