A Fiscal Cliff: New Perspectives on the U.S. Federal Debt Crisis

The unsustainable, and still rapidly growing, U.S. federal government debt is a classic case of ‘‘in denial.” Despite numerous congressional committees, bipartisan commissions, and votes, we are no closer to a solution to the debt crisis than we were more than a decade ago. In fact, in 2018, a congressional committee was appointed to recommend budget process reforms, but that committee could not agree on any recommendations to submit to Congress.

In this timely volume, scholars and policymak...