SPOTLIGHT: Fiscal Policy

Reuters/Peter Morgan - The National Debt Clock on a building near Times Square in New York
April 2008
Unsustainable deficits in the federal budget threaten the health and vigor of the American economy. When the next president and Congress take office in January 2009, they will face one crucial question that has been almost absent from the current election campaign: how to close the enormous gap between projected federal spending and revenues.
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Fiscal Policy, Social Security, Medicaid, Medicare, Federal Budget