Dealing with Long-Term Deficits
美国未来债务与GDP比率上升将严重损害经济,通过减缓社保和医保增长、限制税收支出或提高汽油税来小幅削减年度赤字,可逆转债务比率上升趋势。
The United States faces a rising future ratio of debt to GDP that, if allowed to continue, would have serious adverse consequences for the American economy. Fortunately, policy changes can increase the size of the future GDP and shrink the future budget deficits. Relatively small reductions in future annual deficits could reverse the increasing ratio of national debt to GDP. Those annual deficit reductions could be best achieved by slowing the growth of Social Security and Medicare and by raising revenue by limiting tax expenditures or increasing the tax on gasoline.