The Likely Effect of the Federal Budget Deficit
Publication Date: July 2010
Publisher: National Center for Policy Analysis (U.S.)
Author(s): Willaim B. Conerly
Research Area: Government
Keywords: federal ; budget; deficit
Type: Report
Coverage: United States
Abstract:
Many people are worried about the United States' federal budget deficit and accumulating debt burden. In 2009 the federal budget deficit reached a record $1.4 trillion, and public debt (U.S. Treasury securities held by institutions and individuals outside the federal government) is currently more than $8 trillion and growing.
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