Pew Report Finds 'No Silver Bullet' For Deficits

Publication: The National Journal

Author: Katy O'Donnell


09/30/2010 - A report released today by the Pew Fiscal Analysis Initiative outlines the pitfalls of relying on any one policy to reduce the federal debt, projected by Pew to reach 95 percent of annual GDP in the next 15 years.

As the rhetoric surrounding federal deficits and debt has grown more polarized in the run-up to the midterm elections, Pew cautions that any serious effort to mitigate the debt will require a multifaceted approach that involves hiking taxes and cutting spending simultaneously.

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Read the article Pew Report Finds 'No Silver Bullet' For Deficits in its entirety on the National Journal Web site.

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