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NEEDED: A NEW WAR ON THE DEFICIT.

Authors :
Dowd, Ann Reilly
Marmon, Lucretia
Source :
Fortune; 11/14/1994, Vol. 130 Issue 10, p99-103, 5p, 3 Color Photographs, 3 Charts
Publication Year :
1994

Abstract

Argues that the main catalyst pushing federal spending ever upward is the explosive growth in entitlements, programs that churn out benefits aimed mostly at older middle- and upper-class Americans. How the President's Bipartisan Commission on Entitlement and Tax Reform will propose ways to reduce the heavy burden the US tax code imposes on savings and investment; Possible cuts in Medicare and Social Security; New broad-based consumption tax; Public opinion.

Details

Language :
English
ISSN :
00158259
Volume :
130
Issue :
10
Database :
Complementary Index
Journal :
Fortune
Publication Type :
Periodical
Accession number :
9411167653