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As the average age of the population continues to rise in
industrialized nations, the fiscal impacts of aging demand
ever-closer attention. Closing the Deficit examines one
oft-discussed approach to the issue - encouraging people to work
longer than they now do. Workers would spend more years paying
taxes and fewer years drawing pension and health benefits. But how
much difference to spending and revenues would longer working lives
make? What steps could be taken to make longer working lives
attractive? And what would happen to older Americans not in a
position to prolong their work lives? Leading scholars examine
these issues in Closing the Deficit , edited by Brookings
economists Gary Burtless and Henry Aaron.
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