21. Restoring Fiscal Sanity 2005: Meeting the Long-Run Challenge
- Author:
- Alice M. Rivlin and Isabel B. Sawhill
- Publication Date:
- 04-2005
- Content Type:
- Working Paper
- Institution:
- The Brookings Institution
- Abstract:
- Sometimes good news poses hard choices. Over the next several decades Americans will be forced to make difficult decisions necessitated by the good news that people are living longer and that medical care has become far more effective (albeit more expensive) than ever in history. These choices will require adjustments by almost everyone—families, communities, employers, and older people themselves—but they will be most starkly evident in the federal budget.
- Topic:
- Development, Economics, Government, and Human Welfare