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Research report

Fiscal Slack (Part 1 of 2)

Part One: Historical Perspective

C. Eugene Steuerle
August 21, 2000
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Abstract

Senior Fellow discusses a major dilemma facing the nation: best described as the lack of fiscal slack -- the inability to shift resources either to the greatest needs of society, reflected in no small part by the proportion of government revenues available for new domestic initiatives that respond to current demands.

Research Area

Federal Budget and Economy Individual Taxes
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Meet the Experts

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