Fiscal Policy

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Reducing the federal deficit is crucial to the nation’s long-term economic security and will require tackling difficult choices about raising revenues and reducing spending. The agreement averting the "fiscal cliff" only delayed sequestration until March, and other major budget issues, including the approaching debt ceiling, still remain. Brookings experts analyze the economic and political challenges of enacting sound fiscal policy, and offer recommendations for ensuring America's long-term fiscal stability and economic growth.

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