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| Dimensions: 9'' x 6'' |
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| 92 pages |
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AEI Press
(Washington)
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| Publication Date: September 1992 |
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| Paperback |
| ISBN: 0844770124 |
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This title is currently out of print, but online booksellers sometimes have used copies available. See links below.
Four distinguished authorities examine the implications of the Budget Enforcement Act for federal budget policy. They discuss economic and political aspects of the 1990 budget compromise between the Congress and the White House, assess how the agreement affected the economy and the deficit, and analyze what different types of measurement can tell us about the fiscal health of the country.
Marvin H. Kosters is a resident scholar at AEI.

Table of Contents

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Contributors Foreword
Part I: The Political Economics of the 1990 Budget Agreement
- The Fiscal Strategy Underlying the Budget Package
- Criteria for Judging the Agreement
- Deficit Reduction
- Effect on the Business Cycle and Economic Growth
- Are the Rules Rational?
- Subsidiary Goals
- Other Effects
- The Future
Part II: Deficit Budgeting in the Age of Divided Government
- New Rules for Old Problems
- Are There Any Winners in BEA?
- Overcoming Budgetary Impotence
Part III: Perspective on U.S. Fiscal Policy Before and After 1990
- Fiscal Policy and the 1990-1991 Recession
- The Fiscal Legacy before the Reagan Era
- The Reagan Era
- The Post-Reagan Era
- Comparing Federal and Corporate Fiscal Health
Part IV: Measurement, Economic, and Political Issues of Debt and Deficits
- Measurement
- Economic Effects of the Budget
- Some Political Aspects
- What Can Be Done?
Notes |