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... while she visits her mother in Cleveland. George is completely incompetent when trying to cook for himself and his son in their aging kitchen. After Jane returns, the Peters visit Alice and her husband and find out more about the modern conveniences in their new home. George then decides that his entire home needs replacing, and he arranges to buy a new home, complete with his wife's dream kitchen. 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