Federal Debt, Interest Costs, and the Debt Limit PDF Download
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Author: Anthony V. Martinez
Publisher: Nova Novinka
ISBN: 9781613242889
Category : Business & Economics
Languages : en
Pages : 102
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Book Description
The past few years have seen a sharp rise in the debt of the federal government. The surge in debt stems partially from lower tax revenues and higher federal spending related to the recent severe recession and turmoil in financial markets. However, the growing debt also reflects an imbalance between spending and revenues that predated those economic developments. This book examines federal debt issues and interest costs, as well as a history of the debt limit.
Author: Anthony V. Martinez
Publisher: Nova Novinka
ISBN: 9781613242889
Category : Business & Economics
Languages : en
Pages : 102
Get Book
Book Description
The past few years have seen a sharp rise in the debt of the federal government. The surge in debt stems partially from lower tax revenues and higher federal spending related to the recent severe recession and turmoil in financial markets. However, the growing debt also reflects an imbalance between spending and revenues that predated those economic developments. This book examines federal debt issues and interest costs, as well as a history of the debt limit.
Author:
Publisher:
ISBN: 9781536116342
Category : BUSINESS & ECONOMICS
Languages : en
Pages : 102
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Book Description
Author: Jared Brewster
Publisher: DIANE Publishing
ISBN: 1437944108
Category : Business & Economics
Languages : en
Pages : 49
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Book Description
Recently, the federal gov't. has been recording the largest budget deficits, as a share of gross domestic product (GDP), since the end of World War II. As a result of those deficits, the amount of federal debt held by the public has soared surpassing $9 trillion at the end of fiscal year 2010 and equal to 62 percent of GDP. The interest the government pays on that debt is currently low by historical standards as a percentage of GDP but is expected to grow rapidly over the next several years as interest rates rise. This study provides background material on federal debt and interest costs. Contents: Debt Held by the Public; Other Measures of Federal Debt; Interest Payments and Receipts. Charts and tables. This is a print on demand publication.
Author: Jared Brewster
Publisher:
ISBN:
Category : Debts, Public
Languages : en
Pages : 52
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Book Description
Author: United States. Congress. Senate. Committee on Finance. Subcommittee on Taxation and Debt Management
Publisher:
ISBN:
Category : Debts, Public
Languages : en
Pages : 64
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Book Description
Author: DIANE Publishing Company
Publisher: DIANE Publishing
ISBN: 9780788139796
Category :
Languages : en
Pages : 52
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Book Description
Author: Paul L. Posner
Publisher: DIANE Publishing
ISBN: 9780788188923
Category : Business & Economics
Languages : en
Pages : 68
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Book Description
The 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: United States. Congress. House. Committee on Ways and Means
Publisher:
ISBN:
Category : Bonds
Languages : en
Pages : 340
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Book Description
Considers administration proposals to increase public debt ceiling and to eliminate interest rate ceiling on savings and Treasury bonds.
Author:
Publisher:
ISBN:
Category : Debts, Public
Languages : en
Pages : 84
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Book Description
Author: United States. General Accounting Office
Publisher:
ISBN:
Category : Budget deficits
Languages : en
Pages : 50
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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.
