The Federal Government’s Long-Term Fiscal Outlook
Fall 2011 Update
Since 1992, GAO has published long-term fiscal simulations showing federal deficits and debt under different sets of 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 but rather to help facilitate a dialogue on this important issue.
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Susan J Irving
US Government Accountability Office (GAO), Washington, DC