Download or read book The Federal Budget Deficit and Its Impact on Long term Economic Growth written by United States. Congress. House. Committee on Banking, Finance, and Urban Affairs. Subcommittee on Economic Stabilization and published by . This book was released on 1992 with total page 108 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book The Federal Budget Deficit and Its Impact on Long term Economic Growth written by United States. Congress House. Committee on Banking, Finance, and Urban Affairs and published by . This book was released on 1992 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book The Deficit and the Economy written by DIANE Publishing Company and published by DIANE Publishing. This book was released on 1995-06 with total page 50 pages. Available in PDF, EPUB and Kindle. Book excerpt: Uses a long term economic growth model to simulate 3 of many possible fiscal paths through the year 2025: one path that takes no action on the deficit, a path that "muddles through" with deficits at 3% of gross domestic product, roughly approximating deficits of recent years, and a path that reaches balance in 2002 and sustains it. Examines possible outcomes and affects of these paths. 8 charts and tables

Download or read book Do Deficits Matter written by Daniel Shaviro and published by University of Chicago Press. This book was released on 1997-05 with total page 362 pages. Available in PDF, EPUB and Kindle. Book excerpt: Do deficits matter? Yes and no, says Daniel Shaviro in this political and economic study. Yes, because fiscal policy affects generational distribution, national saving, and the level of government spending. And no, because the deficit is an inaccurate measure with little economic content. This book provides an invaluable guide for anyone wanting to know exactly what is at stake for Americans in this ongoing debate. "[An] excellent, comprehensive, and illuminating book. Its analysis, deftly integrating considerations of economics, law, politics, and philosophy, brings the issues of 'balanced budgets,' national saving, and intergenerational equity out of the area of religious crusades and into an arena of reason. . . . A magnificent, judicious, and balanced treatment. It should be read and studied not just by specialists in fiscal policy but by all those in the economic and political community."—Robert Eisner, Journal of Economic Literature "Shaviro's history, economics, and political analysis are right on the mark. For all readers."—Library Journal

Download or read book Budget Policy written by Sidney G. Winter and published by . This book was released on 1992 with total page 34 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Expansionary Austerity New International Evidence written by Mr.Daniel Leigh and published by International Monetary Fund. This book was released on 2011-07-01 with total page 41 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper investigates the short-term effects of fiscal consolidation on economic activity in OECD economies. We examine the historical record, including Budget Speeches and IMFdocuments, to identify changes in fiscal policy motivated by a desire to reduce the budget deficit and not by responding to prospective economic conditions. Using this new dataset, our estimates suggest fiscal consolidation has contractionary effects on private domestic demand and GDP. By contrast, estimates based on conventional measures of the fiscal policy stance used in the literature support the expansionary fiscal contractions hypothesis but appear to be biased toward overstating expansionary effects.

Download or read book Budget Policy written by and published by DIANE Publishing. This book was released on 1993-05 with total page 120 pages. Available in PDF, EPUB and Kindle. Book excerpt: Discusses the long-term effects of the federal budget, ways of enhancing the long-term perspective in budgeting, the need for a new decision-making framework to highlight the choice between consumption and investment spending, and difficult choices that are required concerning what responsibilities the federal government will carry and how those activities will be financed. 51 charts and tables

Download or read book Budget Policy written by United States. General Accounting Office and published by . This book was released on 1992 with total page 120 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book The Deficit and the Economy written by United States. General Accounting Office and published by . This book was released on 1995 with total page 32 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Toward an Economy Without Deficits written by and published by . This book was released on 1986 with total page 54 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book The Effects of Government Deficits written by Charles E. Dumas and published by . This book was released on 1985 with total page 64 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book The Budget and Economic Outlook written by and published by . This book was released on 2008 with total page 196 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Budget Issues written by Paul L. Posner and published by . This book was released on 1996 with total page 16 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Budget Issues written by United States. General Accounting Office and published by . This book was released on 1997 with total page 32 pages. Available in PDF, EPUB and Kindle. Book excerpt: This report updates earlier GAO simulations of the long-term economic impact of federal budget policy. GAO first used a macroeconomic model in 1992 to simulate the effects of alternative fiscal policy paths in promoting or inhibiting long-term economic growth. The results supported the view that deficit reduction is the key to the nation's long-term economic health. In 1995, GAO's updated simulations indicated that a path of "no action," under which current policies remained unchanged, could not be sustained over the long term. GAO identified three forces driving the long-term growth of the budget deficit: health spending, Social Security, and interest costs. This report updates GAO's work to address the long-term budget outlook following passage of the Balanced Budget Act of 1997. GAO uses its long-term economic growth model to simulate the path resulting from the act through the year 2050 assuming no further policy changes ("no action"). GAO also presents several alternative fiscal policy paths to illustrate how overall fiscal policy changes can affect future budgetary and economic outcomes.

Download or read book The Deficit and the Economy written by United States. General Accounting Office and published by . This book was released on 1995 with total page 28 pages. Available in PDF, EPUB and Kindle. Book excerpt: This report updates a 1992 GAO study (GAO/OCG-92-2) on the long-term economic impact of the deficit, which concluded that deficit reduction was the key to America's long-term economic health. GAO noted that a path of inaction could not be sustained over the long run. If policymakers failed to take the initiatives, the economic consequences would force action. GAO identified three forces driving the long-term growth of budget deficits: health spending, interest costs, and--after 2010--Social Security. In its current report, GAO uses a long-term economic growth model to simulate three possible fiscal paths through the year 2025: (1) no action on the deficit; (2) "muddling through" with deficits at three percent of gross domestic product, roughly approximating deficits of recent years; and (3) reaching a balanced budget in 2002 and sustaining it.

Download or read book Long term Impact of the Federal Deficit on the U S Economy written by United States. Congress. Senate. Committee on Finance. Subcommittee on Deficits, Debt Management, and International Debt and published by . This book was released on 1993 with total page 100 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Federal Deficits and Debt written by Jamie Malone and published by . This book was released on 2016 with total page 100 pages. Available in PDF, EPUB and Kindle. Book excerpt: The federal government incurs a budget deficit (also known as a net deficit) when its total outgoing payments (outlays) exceed the total money it collects (revenues). If instead federal revenues are greater than outlays, then the federal government generates a surplus. Deficits are measured over the course of a defined period of time--in the case of the federal government, a fiscal year. Over time, persistent budget deficits can hamper economic growth. Federal debt, either publicly held or intragovernmental, is funded through private capital. In the absence of federal debt, a portion of such funding would likely have been used on private investment projects that could increase the future productive capabilities of the economy. Large or rapidly increasing debt levels could also make the economy more susceptible to a recession, although that dynamic has not manifested itself in the United States. This book explores distinctions in the concept and composition of deficits and debt, explains how these two measures interact, and discusses their possible effects on the economy. Furthermore, the book discusses the size of projected budget deficits; how much the deficit would need to be reduced to return to long-term sustainability; analyzes alternative time frames for reducing the deficit; and discusses broad policy choices for reducing the deficit.