CBO's forecast shows long-term deficit reduction should be the top budget priority

James Capretta
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James Capretta: American Enterprise Institute

AEI Economic Perspectives, 2017

Abstract: The US is already rushing toward a fiscal reckoning, driven by rising spending on entitlement programs. The administration should propose a major fiscal course correction, focused on long-term entitlement reform.

Keywords: Congressional Budget Office (CBO); defense spending; entitlement reform; US Economy; deficit; Entitlements; entitlement spending; Deficit reduction; tax cuts; US deficit; American Infrastructure Policy; What to Do: Policy Recommendations on Budget and Fiscal Policy (search for similar items in EconPapers)
JEL-codes: A (search for similar items in EconPapers)
Date: 2017
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