The Economic Implications of the Long-Term Federal Budget Outlook

Labonte, Marc

Library of Congress. Congressional Research Service.

关键词: Finance;    Budgets;    Federal budgets;    Federal budget process;    Fiscal policy;   

RP-ID  :  RL32747
RP-ID  :  RL32747_2010Jan04

美国|英语

来源: UNT Digital Library

【 摘 要 】

This report analyzes the long-run path of the federal budget. The United States is projected to undergo a demographic shift as the aging of the baby boomers causes an unprecedented increase in the fraction of the population that is retired. Coupled with rising life expectancy, this means, under current policy, a steady increase in the portion of the population that is both out of the workforce and receiving social insurance benefits from the government.