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From Surplus to Deficit: The Impact of Legislation on the Federal Budget - Couverture rigide

 
9781617289279: From Surplus to Deficit: The Impact of Legislation on the Federal Budget
Couverture rigide
ISBN 10 : 1617289272 ISBN 13 : 9781617289279
Editeur : Nova Science Publishers Inc, 2011

Synopsis

The annual federal budget deficit is the amount by which federal government outlays exceed revenues for a given fiscal year, with surpluses generated when revenues exceed outlays. Budget deficits or surpluses are often used to gauge national fiscal health, as budget balances over time determine levels of federal debt held by the public, and corresponding net interest payments required for debt service. During an economic downturn, budget deficits could be viewed as effective fiscal policy, with lawmakers enacting tax cuts and increasing federal spending to simulate economic activity. This book examines to what extent major legislative changes from 2001 to 2009 caused the budget to move from surplus to deficit.

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Éditeur
Nova Science Publishers Inc
Date d'édition
2011
Langue
anglais
ISBN 10 
1617289272
ISBN 13 
9781617289279
Reliure
Relié
Nombre de pages
247
Éditeur
Sibhoan Vanessa C
Coordonnées du fabricant
non disponible
Personne responsable
non disponible