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Stabilizing Future Fiscal Policy: It's Time to Start
Urban Institute 
[Opinion] Aug. 22, 2007
Excerpt: Fiscal policy is out of control. Programs, such as Social Security and Medicare, have design features that push up spending faster than the growth of revenues. It is time to change the course of the automatic pilot driving these programs. To do so, policymakers can develop 'triggers' that automatically curb spending.... The paper examines triggers employed to reform Social Security in other advanced democracies and explores design options for an optimal trigger.
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