Twitter Google Share on Facebook (redirected fromFederal Deficits) Thesaurus Financial ThesaurusAntonymsRelated WordsSynonymsLegend: Switch tonew thesaurus Noun1.federal deficit- an excess of the federal government's spending over its revenue; "federal deficits can cause inflation" ...
If a government finances its budget deficits by selling bonds to private savers and investors, there is no reason to expect inflation.** But if a government finances its budget deficits by having its central bank create money, there is every reason to expect inflation. So why would politicians...
"The absence of base-broadeners means that, taken at face value, it would create large and permanent deficits," said Douglas Holtz-Eakin, president of American Action Forum, a conservative think tank. As the plan could add large deficits, policymakers need to open up the tax code in search...
Broader interest rates have risen because investors are anticipating higher inflation, larger federal budget deficits, and faster economic growth under a President-elect Trump. Trump’s plan to impose at least a 10% tariff on all imports, as well as significantly higher taxes on Chi...
"After the prior administration added $8 trillion to the debt, new CBO numbers show that the Trump tax windfalls for billionaires and corporations continue to come at the expense of the American people by driving up deficits," Andrew Bates, White House spokesperson, said in a statement. ...
Economists say that one of the drivers of the bout of inflation experienced following the COVID pandemic, and which hamstrung President Joe Biden’s efforts to win a second term, was driven in part by excessive government deficits. Those same deficits could derail the Federal Reserv...
“I honestly don’t think the Fed has a lot of control over the 10-year rate, which is probably the most important for mortgages,” said Kent Smetters, an economist and faculty director at the Penn Wharton Budget Model. “Deficits are going to play a much bigger role in that rega...
“To sustainrobust economic growth,the United States must maintain a high rate of investment in new capital and new technology.That,in turn,requires an adequate flow of national saving.The substantial Federal budget deficits of recent years have decreased the national saving rate.Sound.growth—ori...
Martin explained several times that independence within government meant that the Federal Reserve helped to finance government budget because they were approved by Congress and signed by the president. Financing budget deficits is the very opposite of the principle adopted when Congress approved the ...
President George W. Bush on federal deficits facing the U.S. in 2011. One of the authors comments on the focus of budget debate on non-security discretionary spending. The other author talks about the enactment of tax cuts in 2001 and the projection by the U.S. Congressional Budget Office...