Since the founding of the Republic, Americans have engaged in "endless debate" about the division of fiscal and regulatory responsibilities among levels of government. The controversy has often involved the concomitant question of the optimal role of government as a whole. The issue has been not only which level of government should do what, but also what government at any level should do.

Paper: Robert Tannenwald

Panelists: John D. Donahue, Patricia McGovern, Esq., Isabel V. Sawhill, and John Shannon

Moderator: Helen F. Ladd