This Q&A provides an overview of the problem of fiscal imbalance, a situation in which flows of government revenues do not balance flows of government expenditure commitments. This session is open only to Wharton Public Policy Certificate Program participants. Guest: Jagadeesh Gokhale, PhD, PWBM Director of Special Projects, in conversation with Kent Smetters, PhD, Boettner Chair Professor of Business Economics and Public Policy at the Wharton School and Faculty Director of the Penn Wharton Budget Model.