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Déjà Vu All Over Again: On the Dismal Prospects for the Federal Budget

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  • Auerbach, Alan J.
  • Gale, William G.

Abstract

This paper provides new estimates of the federal budget outlook over 10-year and long-term horizons under three sets of assumptions: the Congressional Budget Office baseline, which assumes no changes in current law; an extended policy scenario, in which it is assumed that future Congresses act more or less like previous Congresses in extending expiring provisions; and the Administration budget.

Suggested Citation

  • Auerbach, Alan J. & Gale, William G., 2010. "Déjà Vu All Over Again: On the Dismal Prospects for the Federal Budget," National Tax Journal, National Tax Association;National Tax Journal, vol. 63(3), pages 543-560, September.
    • Handle: RePEc:ntj:journl:v:63:y:2010:i:3:p:543-60
    DOI: 10.17310/ntj.2010.3.06
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    File URL: https://doi.org/10.17310/ntj.2010.3.06
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    Cited by:

    1. Martin Feldstein, 2011. "Preventing a National Debt Explosion," Tax Policy and the Economy, University of Chicago Press, vol. 25(1), pages 109-144.

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