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Debt and Deficits in the 1990s Rudiger Dornbusch
Tax Policy in the 1990s C Eugene Steuerle
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American Enterprise Institute assets baby boomers baseline Bill Gradison billion borrowing budget deficit capital Congress Congressional Budget Office consumption costs current account debate debt ratios decline defense spending deficit reduction discretionary dollar economic effects elderly equity excise taxes expenditures federal debt federal deficit finance fiscal policy forecast future government debt grow growth households important incentives income tax inflation interest rates investment levels liabilities liquidity constraints loans long-term major Medicare ment national saving nondefense offset options outlays payments payroll tax peace dividend percent of GNP period political private saving programs projections raise recent reduce retirement revenues Ricardian Ricardian equivalence Rudiger Dornbusch saving rate security trust fund share of GNP significant social security social security benefits social security tax social security trust Source surplus tax burdens tax changes tax cut tax increase tax issues tax policy tax rate tax reduction tax reform taxation total spending transfers United workers