Date of Original Version

1992

Type

Book Chapter

Abstract or Description

Few topics have received as much attention as the continuing U.S. budget deficit. Its causes and consequences, its politics and economics are the subject of an enormous literature that ranges from abstract treatise to popular commentary. Yet, there is hardly any agreement about the most basic issues.

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Published In

Fiscal Politics and the Budget Enforcement Act, Marvin Kosters (ed.) Washington, American Enterprise Institute.