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GAO: America's Money Matters - Understanding the Nation's Long-Term Fiscal Health

Transcript
A look at the nation's financial condition and future, and opportunities to improve it. The federal government faces an unsustainable long-term fiscal future, with increasingly large projected deficits driving high debt levels. As the population ages and health care costs increase, spending for Social Security, federal health care programs, and other program spending is projected to increase more than revenue. GAO recommends that Congress create a fiscal plan to provide policymakers with a framework to help support difficult policy decisions to achieve a more sustainable fiscal policy.
Date: May 08, 2023
Runtime: 00:02:08
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The Nation's Fiscal Health: Road Map Needed to Address Projected Unsustainable Debt Levels
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