The meaning of DEFICIT SPENDING is the spending of public funds raised by borrowing rather than by taxation.
it was possible to balance the budget in 10 years simply byholding spending growth to 2.63 percent annually. Thanks to the past eight years of Trump/Biden profligacy, fiscal balance now requires that spending only grow 1.33 percent annually. ...
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A proposal to cut education spending by $80 million over three years while imposing a conditional sales tax if needed made it through the House but the Senate balked, stripping the tax and changing how districts could spend on teacher salaries. The changes moved the legislatio...
Deficit definition: the amount by which a sum of money falls short of the required amount. See examples of DEFICIT used in a sentence.
According to Romer and Romer (2019) the last sentence could also suggest an ideological motivation for the austerity. Second, by construction, the fiscal health measure is non-linearly assessed and introduces to the model the potential non-linearity as to when market participants get nervous about...
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