num_pages: 56
description: This report reviews recent US fiscal developments and discusses key policy challenges that will need to be addressed in order to tackle the growing pressures on public retirement and health care systems during the next decade. Chapters the fiscal deficit and the need for fiscal reform; the economic impact of budget policies; fiscal consequences of social security and medicare; an intergenerational analysis of fiscal imbalances, debt dynamics and fiscal sustainability; energy policy and the role of taxation to reduce consumption.
language: English
title: U.S. Fiscal Policies and Priorities for Long-Run Sustainability
titlecomplete: U.S. Fiscal Policies and Priorities for Long-Run Sustainability (International Monetary Fund Occasional Paper)
publisher: Intl Monetary Fund