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Fiscal Policy of the United States
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Historically, the United States government has tended to spend more than it takes in, with national debt that was close to $1 billion at the beginning of the 20th century. The budget for most of the 20th century followed a pattern of deficits during wartime and economic crises, and surpluses during periods of peacetime economic expansion. This pattern broke from fiscal years 1970 to 1997; although the country was nominally at peace during most of this time, the federal budget deficit accelerated, topping out (in absolute terms) at $290 billion for 1992. In 1998 - 2001, however, gross revenues exceeded expenditures and a surplus resulted. In 1998, the Federal budget reported its first surplus ($69 billion) since 1969. In 1999, the surplus nearly doubled to $125 billion, and then again in 2000 to $236 billion.
Weitere Informationen
- Allgemeine Informationen
- GTIN 09786130605049
- Editor Frederic P. Miller, Agnes F. Vandome, John McBrewster
- Sprache Englisch
- Größe H220mm x B150mm x T10mm
- Jahr 2010
- EAN 9786130605049
- Format Fachbuch
- ISBN 978-613-0-60504-9
- Titel Fiscal Policy of the United States
- Untertitel Deficit, Fiscal year, Dot- com bubble, September 11 attacks , Late- 2000s recession, Federal takeover of Fannie Mae and Freddie Mac
- Gewicht 261g
- Herausgeber Alphascript Publishing
- Anzahl Seiten 164
- Genre Wirtschaft
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