Econ Comments & Analysis
AEI | Six long-run tax and budget realities
The United States confronts a severe long-run fiscal imbalance. Federal spending on healthcare programs and other entitlements is projected to outstrip federal revenue over the next 50 years and beyond. The decisions of precisely how and when to address the imbalance will be made through the political process and will reflect the values that the American people express through their elected representatives.
