Long-term Impact of the Federal Deficit on the U.S. Economy

Long-term Impact of the Federal Deficit on the U.S. Economy
Author: United States. Congress. Senate. Committee on Finance. Subcommittee on Deficits, Debt Management, and International Debt
Publisher:
Total Pages: 100
Release: 1993
Genre: Business & Economics
ISBN:

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The Federal Budget Deficit and Its Impact on Long-term Economic Growth

The Federal Budget Deficit and Its Impact on Long-term Economic Growth
Author: United States. Congress. House. Committee on Banking, Finance, and Urban Affairs. Subcommittee on Economic Stabilization
Publisher:
Total Pages: 120
Release: 1992
Genre: Business & Economics
ISBN:

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The Deficit and the Economy

The Deficit and the Economy
Author: DIANE Publishing Company
Publisher: DIANE Publishing
Total Pages: 50
Release: 1995-06
Genre: Business & Economics
ISBN: 9780788118067

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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

Payment Due

Payment Due
Author: Timothy J Penny
Publisher: Routledge
Total Pages: 146
Release: 2018-02-12
Genre: Social Science
ISBN: 0429978073

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T he generational wars are about to begin: competing for entitlements, wrestling over taxes, dancing around the deficit. Today’s children and grandchildren are tomorrow’s taxpayers and social fabric. The authors of Payment Due contend that our current policies of federal overspending are setting those children up for economic disaster. Former Representative Tim Penny (D-MN) knows how volatile the politics of the situation are; he retired because he couldn’t locate in Congress at large the institutional will (or stomach) to deal with the issues squarely. Political scientist Steven Schier understands the way in which the politics work against economics to solve the problem. Together, they take us inside the Capitol corridors to show us the lobbying, arm-twisting, and pork barrel politicking that goes on to derail policies designed to reduce the federal deficit. We get to play the “Washington Monument game” along with the worst of the offenders and to see firsthand how three schools of deficit thought—the wolves, pussycats, and termites—approach the prospect of cutting back federal outlays and weaning the great middle class from its own welfare dependency. A hallmark of the book is its three-tiered set of long-term entitlement reform proposals, complete with careful documentation of the contribution each recommended item makes toward reducing the federal deficit (or at least slowing its increase). Along with suggested short-term plans, these proposals give students the opportunity to try to solve both short- and long-term problems. Students will appreciate the timeliness and relevance of the book’s argument to their generation’s future plight, and all readers will benefit from the clear presentation of complex economic concepts and arguments essential to understanding the federal deficit debate—and to confronting the political, social, and moral payments now coming due.

Do Deficits Matter?

Do Deficits Matter?
Author: Daniel Shaviro
Publisher: University of Chicago Press
Total Pages: 362
Release: 1997-05
Genre: Business & Economics
ISBN: 9780226751122

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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

The Deficit and the Economy

The Deficit and the Economy
Author: United States. General Accounting Office
Publisher:
Total Pages: 32
Release: 1995
Genre: Budget deficits
ISBN:

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