01720cas a2200265 a 4500 AALejournalIMF009247 230101c9999 xx r poo 0 0eng d 5.00 USD 9781451982688 1018-5941 BD-DhAAL BD-DhAAL Celasun, Oya. The Us Federal Debt Outlook : Reading the Tea Leaves / Oya Celasun, Geoffrey Keim. Washington, D.C. : International Monetary Fund, 2010. 1 online resource (18 pages) IMF Working Papers <strong>Off-Campus Access:</strong> No User ID or Password Required <strong>On-Campus Access:</strong> No User ID or Password Required Electronic access restricted to authorized BRAC University faculty, staff and students We show that fiscal policies reflecting a primary balance response to higher debt in line with historic experience would significantly increase the likelihood of reaching the debt targets of the U.S. administration in the medium term. Deficits and debt are higher under current budgetary proposals and IMF projections for real activity and interest rates, which do not include a reaction of policies to rising primary deficits. Under the IMF staff's current economic projections, a primary fiscal adjustment of about 3.5 percent of GDP would be needed to achieve a debt level of about 70 percent of GDP in 2020. Mode of access: Internet Fiscal Policy imf Keim, Geoffrey. IMF Working Papers; Working Paper ; No. 2010/062 Full text available on IMF http://elibrary.imf.org/view/journals/001/2010/062/001.2010.issue-062-en.xml IMF e-Library