The Federal Government's Long-Term Fiscal Outlook: Fall 2009 Update

Posted At : October 16, 2009 7:59 AM
Related Categories: Financial Crisis,Statistics,Govt Finance

http://www.gao.gov/new.items/d10137sp.pdf

Describes the seriousness of the current and future financial situation for the federal government and explains how the agency runs simulations of the federal deficit. Blames economic recession, health care costs, and demographic trends for the problem. From the Government Accountability Office

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