| Taming the Deficit: Saving our Children from Themselves
Rosnick, David; Baker, Dean
Center for Economic and Policy Research, December 2009, online edition, 7p
"Many proponents of conservative fiscal policies talk of the budget deficit as being a matter of intergenerational equality. However, the paper shows the younger generations will contribute more to the deficit than older generations. The analysis uses data from the CBO Long-Term Budget Outlook and the authors' calculations to show that the driving force behind the deficit is our broken health care system and that this should be the focus of the debate."
David Rosnick is an Economist and Dean Baker is a Co-Director of the Center for Economic and Policy Research in Washington, D.C.
Go to the article at:
http://www.cepr.net/documents/publications/taming-the-deficit-2009-12.pdf
B12/01-10, Posted January 28, 2010
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