This article in the the St. Louis Federal Reserve Review explores the question. It is an interesting, nay depressing, analysis. Sure, you can change some assumptions and get some different conlcusions. The one thing you can't really assume away is that we are on an inevitable collision course with either dramatic spending cuts (yay!) or dramatic tax increases (boo!).
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Today's Top Topics
Is the US Bankrupt?
- California 2014 High Speed Rail Business Plan Is Off Track (3/6)
- The Intentionally Unrealistic FY2015 Budget (3/4)
- Shallal's Top-Down Plan for D.C. Schools Hurts Parent Choice (3/3)
- Richmond CARES? (3/2)
- Government Could Improve the Development of Vehicle to Vehicle Communication by Getting Out of the Way (2/27)