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Saving Our Future Requires Tough Choices Today

GAO-08-465CG Published: Jan 14, 2008. Publicly Released: Jan 14, 2008.
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Highlights

This is a Comptroller General Presentation delivered to Tallahassee Community College in Tallahassee, Florida, on January 14, 2008. Major topics of this presentation include: federal spending for mandatory and discretionary programs, major fiscal exposures, state and local governments' fiscal challenges, and a three-pronged approach for the way forward.

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Balanced budgetsBudget administrationBudget authorityBudget controllabilityBudget deficitDeficit reductionEconomic analysisEconomic growthEconomic policiesFinancial analysisFinancial managementIntergovernmental fiscal relationsPolicy evaluationFiscal policies