Comment on Has the long-term fiscal challenge not gotten worse in the past two years?

Has the long-term fiscal challenge not gotten worse in the past two years?

"On the budget, we have known about the long-run fiscal challenge facing the country for 40-plus years, and that problem has not gotten materially worse in the last two years. That problem is rooted in the aging of the population, the acceleration of health care costs, and I would argue, some of the tax policy choices made in the 2000's." --Austan Goolsbee, chairman of the Council of Economic Advisers, June 10, 2011   Read full article >>

 

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