,Deficit: What Caused It, Why It Matters

Deficit: What Caused It, Why It Matters


 

Publication Date: July 2008

Publisher: Tax Policy Center

Author(s): Alan J. Auerbach; William G. Gale

Research Area: Economics

Keywords: Federal Budgets & Fiscal Policy; Tax Distribution and Economic Trends; Budget Issues; Fiscal future

Type: Report

Abstract:

CNNMoney.com op-ed, July 30, 2009. William Gale and Alan Auerbach explain that the government is spending more than it's bringing in, resulting in a deficit. They explain why that gap must be brought under control.