Restoring Fiscal Sanity 2005: Meeting the Long-Run Challenge (Restoring Fiscal Sanity)

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In the face of looming deficits and the growing needs of an aging population, leading policy experts offer a set of prescriptions for restoring the health of the federal budget. The focus is on bringing revenues and spending more in line during the next decade and balancing them over the long term. The authors suggest reforms in the tax system, Social Security, and Medicare to help close the financial gap and put the United States on sounder fiscal ground. Following in the footsteps of their earlier book Restoring Fiscal Sanity (Brookings, 2004), Alice Rivlin and Isabel Sawhill have produced a thoughtful, reasoned analysis of what ails the national well-being and how to improve it--for tomorrow and the longer term future, as well.

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