文章基本信息

标题：Restoring Fiscal Sustainability in the United States
本地全文：下载
作者：Patrick Lenain ; Robert Hagemann ; David Carey 等
期刊名称：Economics Department Working Papers / OECD
印刷版ISSN：0259-4633
出版年度：2010
卷号：2010
期号：1
DOI：10.1787/5km5zrsp9230-en
出版社：Organisation for Economic Co-operation and Development (OECD)
摘要：The United States faces challenging budgetary prospects, as do most other OECD countries. The federal budget deficit widened considerably during the recession, reaching about 10% of GDP in both 2009 and 2010, reflecting the operation of automatic stabilizers and the policy response to the crisis. Consequently, public debt now stands at its highest level since the early–1950s. The Administration has proposed the objective of stabilising the debt-GDP ratio by 2015, which is realistic in scope and ambition, though it requires fiscal tightening measures which are yet to be identified. In the next decade, the effects of population ageing on entitlement spending will be increasingly felt and the fiscal situation could deteriorate significantly in the absence of structural reforms of pension and, especially, health-care programmes.
关键词：sustainability, debt, VAT, health care, budgets, fiscal policy, ageing populations, deficit, United States 2010, tax expenditures