U.S. Fiscal Policies and Priorities for Long-Run Sustainability
( Occasional Papers )
Publication series ： Occasional Papers
Author： Mr. Martin Mühleisen Mr. Christopher M. Towe
Publisher： INTERNATIONAL MONETARY FUND
Publication year： 2004
E-ISBN: 9781452754055
P-ISBN(Paperback): 9781589062955
Subject： F0 Economics;F8 Finances;TP Automation Technology , Computer Technology
Keyword： Economic growth
Language： ENG
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Description
This paper presents an overview of recent U.S. fiscal developments and discusses possible implications of the sharp turn around in the government’s fiscal position. Against this back ground, it also reviews key policy challenges that will need to be addressed to cope with the mounting pressures on public retirement and health care systems during the next decade. The study draws principally from back ground papers that were prepared for the IMF staff’s annual consultation discussions with the U.S.authorities in 2002 and 2003.