"The federal policy changes that Congress and the President will
have to make as we approach the 21st century will be among the most
far-reaching since the enactment of the New Deal. The scope of
legislation before policymakers as they continue their efforts to
balance the budget will be vast and many of its elements very
technical. This new, highly accessible book examines the nature of
the challenges confronting policymakers, the options that are
available to address these challenges, and the ramifications of the
various options. This new book, which continues Brookings' highly
acclaimed and influential Setting National Priorities series, will
serve as a guide for understanding and evaluating proposals of the
next Congress and the new administration. It is also designed to
inform the policy debate during the presidential election. Edited
by Robert Reischauer, one of the nation's most noted budget
experts, the book covers such critical issues as prospects for
economic growth, how to reduce domestic discretionary spending, how
to restructure Medicare; how much to lower the safety net, how to
reshape national security for the post-Cold War world, whether to
transform the tax system, and how to prepare for the retirement of
the baby boom generation. This book will be extremely useful for
citizens anxious to make sense out of the campaign rhetoric,
journalists attempting to explain the issues at play, and students
of public policy, public health, political science, and economics.
In addition to Reischauer, the contributors include Henry J. Aaron,
Barry Bosworth, Gary Burtless, David Cutler, William G. Gale,
Thomas E. Mann, Charles L. Schultze, John D. Steinbruner, R. Kent
Weaver, and Joshua M. Wiener. "
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