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Saving Our Future Requires Tough Choices Today

GAO-07-624CG Published: Mar 09, 2007. Publicly Released: Mar 09, 2007.
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Highlights

This is a Comptroller General Presentation delivered to the Fiscal Wake-up Tour audience in Cincinnati, OH on March 9, 2007. Major topics of this presentation include: federal spending, long-term fiscal exposures, potential fiscal outcomes, and a three-pronged approach for the way forward.

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Full Report (16 pages)
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Topics

Auditing and Financial Management
Budget activitiesBudget administrationBudget authorityBudget controllabilityBudget deficitDeficit financingDeficit reductionEconomic analysisEconomic growthFinancial analysisFinancial managementFiscal policiesSpending legislation