Series: Occasional Papers
Author(s): Martin Mühleisen , and Christopher Towe
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 07 January 2004
Keywords: Economic growth, medicare, tax cuts, health care, public debt, fiscal policy
The U.S. fiscal position has deteriorated significantly in recent years. In 2000, the Congressional Budget Office (CBO) projected surpluses in the range of 3 percent of GDP for the next 10 years and for the...