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National Institute for Health Care Management Foundation
By Nancy Chockley, PhD
President & CEO
NIHCM Foundation
The U.S. Federal debt is exploding to levels not seen since World War II, and some say this threatens our living standards, compromises our independence in domestic and foreign policy, and leaves future generations with a staggering financial burden. One needs to look no further than the situation in Greece to witness the crippling effects of excessive debt.
The Fiscal Essay
In her essay, Maya MacGuineas, President of the Committee for a Responsible Federal Budget and Director of the Fiscal Policy Program at the New America Foundation, reviews the budget projections and comments on Administration proposals for addressing the fiscal crisis.
Assessment
She also describes a new set of recommendations from the Peterson-Pew Commission on Budget Reform calling for immediate and bold steps designed to stabilize our federal debt at 60 percent of GDP by 2018.
Conclusion
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Filed under: Accounting, Alerts Sign-Up, Health Economics, Op-Editorials, Taxation | Tagged: Budget Reform, Committee for a Responsible Federal Budget, fiscal crisis, Maya MacGuineas, Nancy Chockley, National Institute for Health Care Management Foundation, New America Foundation, NIHCM Foundation, Peterson-Pew Commission, U.S. Federal debt | 3 Comments »
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