The federal debt: too little revenue or too much spending

Kevin Kliesen and Daniel Thornton

Economic Synopses, 2011, No 20

Abstract: The rise in the national debt... is entirely a consequence of the federal government?s increase of expenditures without an offsetting increase in revenues.

Keywords: Budget deficits; economic conditions - United States; Debts, Public (search for similar items in EconPapers)
Date: 2011
References: Add references at CitEc
Citations:

Downloads: (external link)
http://research.stlouisfed.org/publications/es/11/ES1120.pdf (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:fip:fedles:y:2011:n:20

Ordering information: This journal article can be ordered from

Access Statistics for this article

More articles in Economic Synopses from Federal Reserve Bank of St. Louis Contact information at EDIRC.
Bibliographic data for series maintained by Scott St. Louis ().