Budget Issues : Overview of State and Federal Debt

Budget Issues : Overview of State and Federal Debt PDF Author: United States. General Accounting Office
Publisher:
ISBN:
Category : Budget
Languages : en
Pages : 66

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Budget Issues : Overview of State and Federal Debt

Budget Issues : Overview of State and Federal Debt PDF Author: United States. General Accounting Office
Publisher:
ISBN:
Category : Budget
Languages : en
Pages : 66

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Book Description


Budget Issues

Budget Issues PDF Author: United States. General Accounting Office
Publisher:
ISBN:
Category : Budget
Languages : en
Pages : 57

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T-Aimd-98-221 Budget Issues

T-Aimd-98-221 Budget Issues PDF Author: United States Accounting Office (GAO)
Publisher: Createspace Independent Publishing Platform
ISBN: 9781984310330
Category :
Languages : en
Pages : 26

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T-AIMD-98-221 Budget Issues: An Overview of Federal Debt

Budget Issues

Budget Issues PDF Author: Paul L. Posner
Publisher:
ISBN:
Category : Budget deficits
Languages : en
Pages : 21

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Federal Debt

Federal Debt PDF Author: United States. General Accounting Office
Publisher:
ISBN:
Category : Budget deficits
Languages : en
Pages : 52

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Book Description
Articles, reports, and books on the federal debt and its effects tend to be complex and technical. As a result, the public frequently misunderstands these issues. For example, people often forget that even if Congress and the President agree to balance the annual budget within the next several years, the federal debt will continue to grow until balance is actually achieved. Although declining deficits and, ultimately, balanced budgets could reduce the debt as a share of the economy, the debt will not decline unless there is a budget surplus. This document responds to frequently asked questions about the federal debt, deficits, and interest rates. GAO organizes these questions into three sections: (1) trends in the federal debt, deficits, and interest; (2) sales and ownership of federal debt; and (3) effects of the federal debt. For readers who are interested in more detailed information on these topics, GAO includes a short bibliography.

Downsizing the Federal Government

Downsizing the Federal Government PDF Author: Chris Edwards
Publisher: Cato Institute
ISBN: 1933995513
Category : Political Science
Languages : en
Pages : 263

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Book Description
The federal government is running huge budget deficits, spending too much, and heading toward a financial crisis. Federal spending soared under President George W. Bush, and the costs of programs for the elderly are set to balloon in coming years. Hurricane Katrina has made the federal budget situation even more desperate. In Downsizing the Federal Government Cato Institute budget expert Chris Edwards provides policymakers with solutions to the growing federal budget mess. Edwards identifies more than 100 federal programs that should be terminated, transferred to the states, or privatized in order to balance the budget and save hundreds of billions of dollars. Edwards proposes a balanced reform package of cuts to entitlements, domestic programs, and excess defense spending. He argues that these cuts would not only eliminate the deficit, but also strengthen the economy, enlarge personal freedom, and leave a positive fiscal legacy for the next generation. Downsizing the Federal Government discusses the systematic causes of wasteful spending, and it overflows with examples of federal programs that are obsolete and mismanaged. The book examines the budget process and shows how policymakers act contrary to the interests of average Americans by favoring special interests.

The Budget Deficit and the National Debt

The Budget Deficit and the National Debt PDF Author: Kenneth W. Thompson
Publisher:
ISBN:
Category : Business & Economics
Languages : en
Pages : 200

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Book Description
The Budget Deficit and National Debt analyzes and attempts to better understand the problems associated with the debt and deficit. The theme of this book parallels the Miller Center's primary focus on governance and the presidency. The president is a key actor in submitting, approving, and administrating the budget. Therefore, the study of debt and deficit is in keeping with the Miller Center's focus on governance and the presidency. The book is divided into four sections. The first section discusses the debt and deficit from a variety of political perspectives and ideological approaches. Three contributors, representing different schools of thought and professional backgrounds, provide separate frameworks for considering the budget and deficit. The first section contrasts liberal, conservative, and independent views and compares the effects of the deficit on federal and local governments. The second section provides an overview of the origins and growth of the deficit and its effect on the U.S. economy. The authors outline interaction among and competition between economic and political forces operating in the United States, and they debate the merits of deficit reduction proposals. The third section examines the economic and political ramifications of the deficit, reviewing tactical and strategic errors and their consequences. The book concludes with a discussion of the political struggle over controlling the deficit and chronicles the ambitions and rivalries of two key political figures--Bill Clinton and Newt Gingrich. Their dispute over the seven year balanced-budget plan had significant influence on the policies of debt and deficit.

The Budget and Economic Outlook

The Budget and Economic Outlook PDF Author:
Publisher:
ISBN:
Category : Budget
Languages : en
Pages : 196

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Special Analyses, Budget of the United States Government

Special Analyses, Budget of the United States Government PDF Author: United States. Office of Management and Budget
Publisher:
ISBN:
Category : Budget
Languages : en
Pages : 338

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Evolution of United States Budgeting

Evolution of United States Budgeting PDF Author: Annette Meyer
Publisher: Bloomsbury Publishing USA
ISBN: 0313013861
Category : Political Science
Languages : en
Pages : 288

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Book Description
As a fiscal document recording the spending, taxing, and borrowing policies for the coming year, the U.S. budget continues to be a model for other nations. This book focuses on the various phases of budget making, its historical background in fiscal and monetary terms, and special budgetary issues, including the budget balance, credit activities of Government-Sponsored Enterprises, the future health of Social Security, and the budget's relationship to the financial and public goods aspects of the international environment. Covering major changes in the structure and process of budgeting since 1989, when the book was first published, this volume covers new ground in many aspects of fiscal and financial policy, domestically and internationally. Each section of the book is devoted to a different aspect of U.S. budgeting, ranging from the foundations of the present policies, to the annual budget cycle, to the actual methods of accomplishment, and the containment of those policies in the global framework. One section focuses on high visibility issues-Social Security, surpluses, federal debt, and entitlement programs. The book provides a valuable overview for those wishing to understand the budget process and its foundations while aspiring to help improve that process.