Automatic Stabilizers in the Federal Budget: 2020 to 2030

Congressional Budget Office

No 56095, Reports from Congressional Budget Office

Abstract: Federal revenues and outlays regularly respond to cyclical movements in the economy in ways that tend to dampen those movements; the budget mechanisms that drive that process are known as automatic stabilizers. Those mechanisms help stabilize the economy automatically, without any legislated changes in tax or spending policies.

JEL-codes: H50 H60 H61 (search for similar items in EconPapers)
Date: 2020-02-06
New Economics Papers: this item is included in nep-ore and nep-pub
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