Fiscal Policy

U.S. Budget Deficit

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The U.S. federal budget deficit continues to be a concern as weak economic growth and stagnant unemployment numbers decrease revenue. As the federal government prepares for budget cuts, Congress is debating how to create fiscal balance and whether the impending sequestration will damage the fragile economic recovery. Experts from Brookings explore common ground in the effort to achieve greater fiscal responsibility.

Adam Looney testifies before Congress on the role of tax reform in supporting broad-based economic growth and fiscal responsibility (Photo Credit: Chris Maddaloni).

Testimony

Supporting Broad-Based Economic Growth and Fiscal Responsibility Through Tax Reform

May 22, 2013, Adam Looney

Adam Looney testifies before the Senate Budget Committee on the role of tax reform in supporting broad-based economic growth and fiscal responsibility.

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