We Need a Multifaceted Approach to Close the Long-Term Fiscal Gap

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  • Policy:

  • Restructure existing entitlement programs

  • Reexamine the base of discretionary and other spending

  • Review and revise our tax policy and enforcement programs

  • Operations:

  • Reassess and revise how the government does business (e.g., management, planning and operational issues)

  • Consider who should provide government services (e.g., sourcing strategy)

  • Consider how the government should finance its operations