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Back to the future: prospective deficits through the prism of the past

Author

Listed:
  • David E. Altig
  • Jagadeesh Gokhale

Abstract

A look at the Clinton administration's first piece of budget legislation--the Omnibus Budget Reconciliation Act of 1993 (OBRA93)--showing that although it appears to be more successful than OBRA90, its Bush administration predecessor, it may still be subject to the same type of unanticipated \\"technical\\" problems that undermined the earlier legislation.

Suggested Citation

  • David E. Altig & Jagadeesh Gokhale, 1994. "Back to the future: prospective deficits through the prism of the past," Economic Commentary, Federal Reserve Bank of Cleveland, issue Mar.
    • Handle: RePEc:fip:fedcec:y:1994:i:mar15
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    Keywords

    Budget deficits;

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