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- Budget Deficit
- the extent by which expenditure exceeds revenue.
- Budget Deficit definition on BNET »
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- Darling Defers Steps to Cut Deficit-report
- LONDON (Reuters UK) - Chancellor Alistair Darling will deliver a pre-budget report next Wednesday that defers tough new measures to cut Britain's budget deficit while increasing taxes on the wealthy and focussing resources on boosting the economy, the Financial Times reported on Friday."We don't anticipate any dramatic fiscal tightening," said...
- News items 2009-12-03
- 5 Economic Scenarios to Keep You Up at Night
- Stagflation, more bank failures, crippling government debt ? these are just a few of the worst-case scenarios envisioned by several money managers and financial experts we consulted. While not all these experts see these chilling scenarios as likely, they remain a stark reminder of what could happen if we?re not...
- Articles 2009-10-28
- Goldman Reworks Bonus Plan
- Top execs will get their bonuses in stock that will be locked up for five years, rather than in cash. Plus: U.S. budget deficit swells to $120 billion.
- Videos 2009-12-10
- Worries about Budget Deficits and Inflation: Let's Avoid Repeating Our Mistakes
- There is a lot of concern about the future course of the economy, and there are two separate worries that are getting confused. The purpose of this post is to distinguish between the two sets of worries, and to discuss whether the worries are justified. ...
- Blog posts 2009-11-25
- What Are Interest Rates Telling Us? Part III
- Link to Part I Link to Part II U.S. interest rates are exceedingly low these days, as we have seen in the last couple of posts. They are low in spite of the Treasury's selling enormous amounts of bonds to finance our budget deficits,...
- Blog posts 2009-11-26
- The Relationship Between Budget Deficits, Fed Independence, and Inflation
- I have been critical of both Alan Greenspan and Ben Bernanke for giving recommendations concerning fiscal policy during their testimony before congress. In Greenspan's case, it was his comments about tax cuts that I found problematic, while for Bernanke it was his comments on entitlements. But monetary...
- Blog posts 2009-12-08
Additional Resources
- U.S. budget deficit seen topping $1 trillion in 2009
- By Jeremy Pelofsky and David Lawder WASHINGTON (Reuters) - Politicians want American consumers to resume spending to pull the economy out of its tailspin, and the U.S. government is leading by example with a potential $1 trillion deficit in 2009 -- even before a massive stimulus plan. The Congressional Budget...
- News items 2009-08-07
- The Budget Deficit
- For fiscal year 1997 the federal government recorded a budget deficit of less than $24 billion--less than 0.3 percent of national product. Thus the attainment of an extremely low budget deficit can be interpreted in four different ways. At the shallowest level the 1997 budget and deficit-reduction agreement marks a...
- White papers 1997-01-12
- CBO warns about entitlement programs as budget deficit remains high.(Congressional Budget Office)(Brief Article)
- The prospects of getting more money for aging services programs remained poor as the Congressional Budget Office announced this week that the budget deficit for Fiscal 2005 will be about $400 billion, not much better than the $412 billion deficit for The prospects of getting more...
- Research articles 2005-01-28
- MOROCCO: IMF PREDICTS 4% BUDGET DEFICIT.(Brief Article)
- According to Al-Hayat newspaper (May 12, 2003), the International Monetary Fund predicts the Moroccan general budget deficit to stand at four percent of the GDP by the end of the present year compared with 4.5 percent of the ... According to Al-Hayat newspaper (May 12, 2003),...
- Research articles 2003-05-13
- The federal budget deficit is expected to widen to a record $422 billion in fiscal 2004.(Economy: how supply managers see business)(Brief Article)
- The federal budget deficit is expected to widen to a record $422 billion in fiscal 2004, the nonpartisan Congressional Budget Office forecasts. The projection would surpass last fiscal year's $375 billion shortfall For fiscal 2005, which began on Oct. 1, the deficit likely will shrink to...
- Research articles 2004-10-07
- Bush targets runaway US deficit.(Budget deficit, President George W Bush )(Brief Article)
- Feb 03, 2005 (The Australian Financial Review - ABIX via COMTEX) US President George W Bush has promised to cut the Budget deficit in half by 2009. He pointed out the 2006 Budget would set a pattern of fiscal restraint. The spending appetite needs to...
- Research articles 2005-02-03
- Sandbags against a flood: the budget. (budget deficit) (American Survey)
- An analysis of the history of the budget deficit shows that despite politicians' claims at efforts to reduce the deficit, it will likely grow. Congress has repeatedly budgeted items that are reduced by discretionary caps instead of actual reductions.EVEN as Republicans and Democrats dream up popular ways to cut taxes,...
- Research articles 1995-01-07
- -USDA: USDA announces revised date for budget deficit assessments on imported flue-cured tobacco.
- M2 PRESSWIRE-2 December 1998-USDA: USDA announces revised effective date for budget deficit assessments on imported flue-cured tobacco C1994-98 M2 COMMUNICATIONS LTD RDATE:011298 The U.S. Department of Agriculture's Commodity Credit Corporation CCC today announced a revised effective date for the budget...
- Research articles 1998-12-02
- Is it time to forget about the deficit? - obstacles to decreasing federal budget deficit - includes effects of the retirement of baby boomers to entitlement programs
- One of the most remarkable recent developments in government finance has been the dramatic improvement in the near-term outlook for the federal budget deficit. In 1992, the deficit was almost 4 percent of gross domestic product GDP. But, by 1996, it had dropped to less than 2 percent of GDP...
- Research articles 1997-10-01
- Spike in US budget deficit: Congressional report
- WASHINGTON AFP — The US budget deficit is expected to rise to 1.5 percent of the economy in the current fiscal year, up from 1.2 percent in 2007, due to economic weakening, the US Congress's budget agency said Wednesday. The nonpartisan Congressional Budget Office forecast the budget deficit would...
- Research articles 2008-01-23
- Paring US budget deficit should be top priority: economists
- WASHINGTON AFP — Trimming the record US budget deficit should be the top economic priority for the second term of President George W. Bush, a survey of economists showed. A Wall Street Journal survey of 55 economists showed more than half felt the budget deficit would be the biggest...
- Research articles 2004-11-11
- China budget deficit to fall in 2005
- BEIJING AFP — China's 2005 budget deficit will amount to some two percent of gross domestic product or 300 billion yuan (36 billion dollars), down from a budgeted deficit of 319 billion yuan in both 2003 and 2004. The budget will be presented for approval by Finance Minister Jin...
- Research articles 2005-02-16
- US budget deficit to fall to 260 billion dollars: CBO
- WASHINGTON AFP — The US budget deficit is forecast to surpass administration hopes by falling to 260 billion dollars this fiscal year, thanks to booming tax revenues, congressional experts said. The Congressional Budget Office CBO said it now expects the deficit to fall 58 billion dollars from fiscal 2005...
- Research articles 2006-08-17
- Bush to outline 521-billion-dollar budget deficit
- WASHINGTON AFP ? US President George W. Bush will outline on Monday a record 521-billion-dollar budget deficit for 2004, an administration source said on condition of anonymity. If confirmed when Bush submits his budget to Congress Monday, it would represent a sharp deterioration in the government's coffers from the...
- Research articles 2004-01-30
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