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From Surplus to Deficit: Impact of Legislation on Federal Budget

Economics

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Description

Understand the complex mechanics of national fiscal health with From Surplus to Deficit: The Impact of Legislation on the Federal Budget. This book explores how federal government outlays and revenues interact to create annual budget deficits or surpluses. By examining these balances, readers can learn how budget trends determine the levels of federal debt held by the public and the resulting net interest payments required for debt service. This text provides a clear look at how budget deficits function during economic downturns. It explains how lawmakers use fiscal policy, such as enacting tax cuts and increasing federal spending, to simulate economic activity when the economy slows down. Whether you are studying economic issues, problems, and perspectives, this book offers a foundation for understanding how legislative decisions shape the long-term financial trajectory of the federal government.

Key Features

Examines the relationship between federal government outlays and revenues to explain how annual budget deficits and surpluses are formed.

Provides insight into how budget balances impact the level of federal debt held by the public over time.

Explains the connection between national fiscal health and the net interest payments required for debt service.

Analyzes how lawmakers use tax cuts and increased spending as fiscal policy tools to stimulate economic activity during downturns.

Offers a detailed perspective on the economic issues and problems surrounding federal budget legislation.

Product Specifications

Format: hardcover
ASIN: 1617289272
Category: Books > Subjects > Business, Finance & Law > Economics
Domain: Amazon UK
Release Date: 01 March 2011
Listed Since: 27 September 2010

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From Surplus to Deficit: Impact of Legislation on Federal Budget

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