Rx for the Federal Deficit: The Four Percent Solution
Publication Date: September 1990
Publisher: Heritage Foundation (Washington, D.C.)
Author(s): Scott A. Hodge
Research Area: Banking and finance
Keywords: Budget
Type: Report
Abstract:
Congress, throughout the budget summit process, has been demonstrating that it will not take the lead in solving the budget crisis. George Bush thus must lead. He must be willing to confront Congress by giving lawmakers a choice: the Four Percent Solution or a sequester. Congress has everything to lose if it forces a sequester. All the cards are in the President’s hands.
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