REUTERS/Kevin Lamarque - The U.S. Capitol is photographed behind a chain fence in Washington September 30, 2013.
Forgotten but Not Gone: America's Long-Term Fiscal Imbalance
March 6, 2014,
Though policymakers appear to be fatigued from dealing with the nation's deficits and debt, Bill Gale explains that the fiscal problem is far from gone. Gale explains why the historically high debt-DGP ratio adversely effects future budget policies and points to evidence that the 10-year budget outlook is not just tenuous but worse than it was last year.