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Testimony

Defining Our Long-Term Fiscal Challenges (Steuerle)

Testimony Before the U.S. Senate Budget Committee

C. Eugene Steuerle
January 30, 2007
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Abstract

In testimony before the U.S. Senate Budget Committee, senior fellow C. Eugene Steuerle explained how, in recent decades, the government has wound a straightjacket around federal spending and tax subsidies. The main culprits have been in the broad areas of retirement, health, and taxation. Left alone, it leaves Congress with almost no control over its own budget. Only major systemic reform can restore a normal democratic process. He also highlighted ten consequences of the current budgetary situation.

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Individual Taxes Federal Budget and Economy
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Meet the Experts

  • C. Eugene Steuerle
    Institute Fellow and Richard B. Fisher Chair
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