Federal Debt
Author: United States. General Accounting Office
Publisher:
Published: 1999
Total Pages: 24
ISBN-13:
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Author: United States. General Accounting Office
Publisher:
Published: 1999
Total Pages: 24
ISBN-13:
DOWNLOAD EBOOKAuthor: Paul L. Posner
Publisher: DIANE Publishing
Published: 2000-07
Total Pages: 68
ISBN-13: 9780788188923
DOWNLOAD EBOOKThe unified budget of the federal government is projected to have a surplus for at least a decade. However, large annual budget deficits over the past 2 decades sharply increased the total amount of debt owed to the public and its associated annual interest payments. This report presents current information on the federal debt, including how debt is defined and measured; who holds federal debt; how much it has grown in recent years; and its significance to the nat. economy. Information is provided in a clear, concise and easily understandable manner for a nontechnical audience. Includes a short bibliography for readers who are interested in more detailed information.
Author: Michael Carlberg
Publisher: Springer Science & Business Media
Published: 2012-12-06
Total Pages: 220
ISBN-13: 3642469655
DOWNLOAD EBOOKPublic debt seems to be one of the great issues of the nineties. The United States have turned from the largest creditor of the world to the largest debtor, due to dramatic budget deficits. The European Union tries to build dams against the flood, see the treaty of Maastricht. And in Germany, public debt tends to explo de, doubling within a few years. The reason for this is the immense cost of Ger man unification. I had many helpful talks with my colleague Michael Schmid (now at Bam berg). In addition, Michael Brauninger and Philipp Lichtenauer carefully discus sed with me all parts of the manuscript. Last but not least, Doris Ehrich typed the manuscript as excellently as ever. I would like to thank all of them. Contents INTRODUCTION 3 5 BRIEF SURVEY OF THE LITERATURE PART I. CLOSED ECONOMY 9 CHAPTER I. SOLOW MODEL 11 1. Fixed Deficit Ratio 11 1. 1. Simple Model 11 1. 2. Short-Run Equilibrium 12 1. 3. Long-Run Equilibrium 14 1. 4. Optimal Deficit Ratio 18 1. 5. Optimal Saving Ratio 20 1. 6. Stability 21 1. 7. Shocks 23 1. 8. Budget Surplus 29 1. 9. Numerical Example 32 1. 10. Summary 37 2. Fixed Tax Rate 38 2. 1. Simple Model 38 2. 2. Short-Run Equilibrium 39 2. 3. Long-Run Equilibrium 40 2. 4. Stability 45 2. 5. Shocks 48 2. 6. Optimal Tax Rate 56 2. 7. Optimal Saving Ratio 57 2. 8. Numerical Example 58 2. 9.
Author: Fouad Sabry
Publisher: One Billion Knowledgeable
Published: 2024-03-30
Total Pages: 480
ISBN-13:
DOWNLOAD EBOOKWhat is National Debt of The United States The national debt of the United States is the total national debt owed by the federal government of the United States to Treasury security holders. The national debt at any point in time is the face value of the then-outstanding Treasury securities that have been issued by the Treasury and other federal agencies. The terms "national deficit" and "national surplus" usually refer to the federal government budget balance from year to year, not the cumulative amount of debt. In a deficit year the national debt increases as the government needs to borrow funds to finance the deficit, while in a surplus year the debt decreases as more money is received than spent, enabling the government to reduce the debt by buying back some Treasury securities. In general, government debt increases as a result of government spending and decreases from tax or other receipts, both of which fluctuate during the course of a fiscal year. There are two components of gross national debt:"Debt held by the public" such as Treasury securities held by investors outside the federal government, including those held by individuals, corporations, the Federal Reserve, and foreign, state and local governments."Debt held by government accounts" or "intragovernmental debt" is non-marketable Treasury securities held in accounts of programs administered by the federal government, such as the Social Security Trust Fund. Debt held by government accounts represents the cumulative surpluses, including interest earnings, of various government programs that have been invested in Treasury securities. How you will benefit (I) Insights, and validations about the following topics: Chapter 1: National debt of the United States Chapter 2: Social Security Trust Fund Chapter 3: Balanced budget amendment Chapter 4: Military budget of the United States Chapter 5: PAYGO Chapter 6: Fiscal policy of the United States Chapter 7: United States federal budget Chapter 8: 2007 United States federal budget Chapter 9: History of the United States public debt Chapter 10: Economic policy of the George W. Bush administration Chapter 11: 2009 United States federal budget Chapter 12: Financial position of the United States Chapter 13: 2011 United States federal budget Chapter 14: Expenditures in the United States federal budget Chapter 15: 2011 United States debt-ceiling crisis Chapter 16: Political debates about the United States federal budget Chapter 17: Deficit reduction in the United States Chapter 18: 2013 United States budget sequestration Chapter 19: Economic policy of the Donald Trump administration Chapter 20: 2018 United States federal budget Chapter 21: Economic policy of the Joe Biden administration (II) Answering the public top questions about national debt of the united states. (III) Real world examples for the usage of national debt of the united states in many fields. Who this book is for Professionals, undergraduate and graduate students, enthusiasts, hobbyists, and those who want to go beyond basic knowledge or information for any kind of National Debt of The United States.
Author: Allen Schick
Publisher: Brookings Institution Press
Published: 2008-05-31
Total Pages: 362
ISBN-13: 0815777329
DOWNLOAD EBOOKThe federal budget impacts American policies both at home and abroad, and recent concern over the exploding budgetary deficit has experts calling our nation's policies "unsustainable" and "system-dooming." As the deficit continues to grow, will America be fully able to fund its priorities, such as an effective military and looking after its aging population? In this third edition of his classic book The Federal Budget, Allen Schick examines how surpluses projected during the final years of the Clinton presidency turned into oversized deficits under George W. Bush. In his detailed analysis of the politics and practices surrounding the federal budget, Schick addresses issues such as the collapse of the congressional budgetary process and the threat posed by the termination of discretionary spending caps. This edition updates and expands his assessment of the long-term budgetary outlook, and it concludes with a look at how the nation's deficit will affect America now and in the future. "A clear explanation of the federal budget... [Allen Schick] has captured the politics of federal budgeting from the original lofty goals to the stark realities of today."—Pete V. Domenici, U.S. Senate
Author: United States. General Accounting Office
Publisher:
Published: 1999
Total Pages: 60
ISBN-13:
DOWNLOAD EBOOKAuthor: Richard K. Vedder
Publisher:
Published: 1998
Total Pages: 18
ISBN-13:
DOWNLOAD EBOOKAuthor: Robert Eisner
Publisher: Simon and Schuster
Published: 2010-05-11
Total Pages: 264
ISBN-13: 1439138591
DOWNLOAD EBOOKEisner argues that the federal deficit as currently measured is inaccurate and misleading. When inflation is properly accounted for, he points out, a dramatically different picture of the deficit occurs. In light of these new deficit figures, Eisner challenges current eco nomic theory and interpretations of our recent past. He finds that the deficit has not been as large as recently measured and that efforts to reduce the deficit may do more harm than good. This book will spark serious debate among economists and policymakers. The clarity of its arguments and strength of its evidence are convincing. Strongly recommended for academic and large public libraries. Richard C. Schim ing, Economics Dept., Mankato State Univ., Minn. Copyright 1986 Reed Business Information, Inc.
Author: Alfred Greiner
Publisher: Springer Science & Business Media
Published: 2009-07-24
Total Pages: 148
ISBN-13: 3642017452
DOWNLOAD EBOOKStarting point of this book is the observation that an increase in public debt must be accompanied by a rise in the primary surplus of the government to guarantee sustainability of public debt. The book first elaborates on that principle from a theoretical point of view and then tests whether empirical evidence for that rule can be found. Additional tests are implemented to gain further evidence on sustainability of public debt. In order to allow for time varying coefficients penalized spline estimations are performed. The theoretical chapters present endogenous growth models and assume that the primary surplus rises as public debt increases so that sustainability of public debt is given. Implications of public deficits and debt are studied assuming full employment and for unemployment. The conclusion summarizes the findings and compares the results of the different models. Finally, policy implications are given showing how governments should deal with high public debt to GDP ratios.
Author: United States. Congress. House. Committee on Ways and Means
Publisher:
Published: 2000
Total Pages: 96
ISBN-13:
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