Committee for a Responsible Federal Budget

A Preventable Crisis: Exploring Fiscal Crisis Scenarios for the United States

Apr 22, 2010

In this policy paper released by CRFB's Fiscal Roadmap Project, CRFB argues that unless we change course, "a fiscal crisis in one form or another will surely ensue." The paper discusses six realistic crisis scenarios the U.S. could face if debt continues on its upward trajectory. A crisis could be gradual or it could be sudden.