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Saving Our Future Requires Tough Choices Today

GAO-07-222CG Published: Nov 08, 2006. Publicly Released: Nov 08, 2006.
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Highlights

This is a Comptroller General Presentation delivered to the Fiscal Wake-up Tour audience at the University of Chicago, Chicago, IL on November 8, 2006. Major topics of this presentation include: deficits and net operating costs, our growing fiscal burden, and a three-pronged approach for the way forward.

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Topics

Auditing and Financial Management
Balanced budgetsBudget administrationBudget authorityBudget deficitDeficit reductionEconomic analysisEconomic growthEconomic policiesFinancial analysisFinancial managementFiscal policiesIntergovernmental fiscal relationsPolicy evaluationSpending legislation