TITLE

Beyond the Cliff

AUTHOR(S)
Goldwein, Marc
PUB. DATE
January 2013
SOURCE
Financial Executive;Jan/Feb2013, Vol. 29 Issue 1, p20
SOURCE TYPE
Academic Journal
DOC. TYPE
Article
ABSTRACT
The article looks at U.S. economic policy, as of January 2013. It cites both short-term and long-term decisions on taxation and government spending facing U.S. policymakers, with the author making recommendations in each area. He discusses reform of entitlement programs including Social Security and Medicare, noting that rising health care costs represent the most difficult element. He says waste and inefficiency should be addressed in order to cut spending on the discretionary side of the federal budget. He argues that the tax code should be simplified, saying that eliminating most tax expenditures would allow for both lower tax rates and strong revenues.
ACCESSION #
84666458

 

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