Restoring Fiscal Sanity

Restoring Fiscal Sanity

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In qRestoring Fiscal Sanity, q scholars with high-level government experience provide an overview of the countrys likely medium- and long-term spending needs and the resources available to pay for them. They propose three alternative fiscal paths that are more responsible than the current path.A set of tax code changes consistent with these criteria is shown in table 2-8. Six have modest revenue effect, but the other four produce significant additional revenue in 2014. The first would raise the federal tax on motor fuels by 12 cents a anbsp;...

Title:Restoring Fiscal Sanity
Author: Alice M. Rivlin, Isabel V. Sawhill
Publisher:Brookings Institution Press - 2004-03-29

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