The Federal Government's Long-Term Fiscal Outlook, Fall 2012 Update

Abstract

Since 1992, GAO has published long-term fiscal simulations showing federal deficits and debt under different sets of policy assumptions. GAO developed its long-term model in response to a bipartisan request from members of Congress concerned about the long-term effects of fiscal policy. GAO's simulations provide context for consideration of policy options. They are not intended to suggest particular policy choices or to predict the economic impact of any set of choices but to help facilitate a dialogue on this important issue.

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Document Details

Document Type
Technical Report
Publication Date
Dec 01, 2012
Accession Number
AD1173226

Entities

People

  • Susan J. Irving
  • Thomas J. Mccool

Organizations

  • United States Government Accountability Office

Tags

DTIC Thesaurus Topics

  • Accountability
  • Automatic
  • Baby Boomers
  • Congress
  • Discretionary Spending
  • Economic Impact
  • Electronic Mail
  • Federal Budgets
  • Governments
  • Health Care
  • Homeland Security
  • Law
  • National Governments
  • National Security
  • Security
  • Simulations
  • Social Security
  • Taxes
  • United States Government

Fields of Study

  • Political science

Readers

  • Computational Modeling and Simulation
  • Government and Public Administration Law.
  • Systems Analysis and Design