Fiscal gap Fiscal gap The fiscal gap is a measure of a government's total indebtedness proposed by economists Laurence Kotlikoff and Alan Auerbach, who define it as the difference between the present value of all of government's projected financial obligations, including future expenditures, including servicing outstanding official federal debt, and the present value of all projected future tax and other receipts, including income accruing from the government's current ownership of financial assets. According to Kotlikoff and Auerbach, the "fiscal gap" accounting method can be used to calculate the percentage of necessary tax increases or spending reductions needed to close the fiscal gap
A Word to the Wives... A Word to the Wives... A Word to the Wives is a 1955 sponsored comedy film directed by Norman Lloyd and starring Marsha Hunt and Darren McGavin. The film, now in the public domain, was sponsored by the American Gas Association, the National Association of Home Builders, and "Woman's Home Companion" magazine, and features products by Caloric, Whirlpool Corporation, Formica Corporation, Republic Steel Kitchens, and Ruud. Housewife Jane Peters is envious of her friend Alice's new ranch house. At Alice's suggestion, she decides to trick her husband, George, into buying a new kitchen. Jane leaves her husband and son alone