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Journal Article

Restoring generational balance in U.S. fiscal policy: what will it take?


Abstract: A study of the magnitudes of tax increases, transfer cuts, or reductions in government purchases that would be needed to rectify the huge imbalance in the generational stance of U.S. fiscal policy, concluding that congressionally proposed outlay reductions in nondefense and non-Social Security spending would still be insufficient to bridge the gap.

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File(s): File format is text/html http://www.clevelandfed.org/Research/Review/1995/95-q1-auerbach.pdf

File(s): https://fraser.stlouisfed.org/scribd/?toc_id=66694&filepath=/docs/publications/frbclevreview/rev_frbclev_1995q1.pdf&start_page=3#scribd-open

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Bibliographic Information

Provider: Federal Reserve Bank of Cleveland

Part of Series: Economic Review

Publication Date: 1995

Issue: Q I

Pages: 2-12