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Restoring Fiscal Sanity 2005: Meeting the Long-Run Challenge

Restoring Fiscal Sanity 2005: Meeting the Long-Run Challenge


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About the Book

The retirement of the baby boom generation will create spiraling costs for health care and pension programs. Combined with lower revenues, these developments will lead to a decline in economic growth if nothing is done. In this second volume of Restoring Fiscal Sanity, a group of policy experts focus on how to bring spending and revenues in line over the next decade, and even more important, how to balance them over the longer term. They suggest reforms in the tax system, Social Security, and Medicare that might close this looming gap and put the nation on a sounder fiscal footing. Contributors include Henry J. Aaron, William G. Gale, Ron Haskins, Jack Meyer, and Peter R. Orszag (Brookings Institution), Rudolph G. Penner and C. Eugene Steuerle (Urban Institute), and John B. Shoven (Stanford University).

About the Author :
Alice M. Rivlin is a senior fellow in Economic Studies at the Brookings Institution and visiting professor at the Georgetown Public Policy Institute. She has been director of both the White House Office of Management and Budget and the Congressional Budget Office, and has served as vice chair of the Federal Reserve Board. Among her previous books is Beyond the Dot.coms: The Economic Promise of the Internet (Brookings, 2001), written with Robert Litan. Isabel Sawhill is a senior fellow in Economic Studies at the Brookings Institution, where she holds the Cabot Family Chair and serves as codirector of the Center on Children and Families. She previously served as an associate director at the Office of Management and Budget. From 2003 to 2006, she was vice president and director of Economic Studies at Brookings. She is the editor of One Percent for the Kids: New Policies, Brighter Futures for America's Children (Brookings, 2003), coeditor with Alice Rivlin of Restoring Fiscal Sanity 2005 (Brookings, 2005), and coauthor with Rudolph G. Penner and Timothy Taylor of Updating America's Social Contract (Norton, 2000).


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Product Details
  • ISBN-13: 9780815797791
  • Publisher: Brookings Institution
  • Publisher Imprint: Brookings Institution
  • Language: English
  • Sub Title: Meeting the Long-Run Challenge
  • ISBN-10: 0815797796
  • Publisher Date: 28 Apr 2005
  • Binding: Digital (delivered electronically)
  • No of Pages: 146


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