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U.S. Federal Budget Deficit
Essay specific features
Written by:
Miriam S
Date added:
July 17, 2014
Level:
University
Grade:
A
No of pages / words:
9 / 2346
Was viewed:
1805 times
Rating of current essay:
Essay content:
Generally, on-budget outlays tend to exceed on-budget receipts, while off-budget receipts tend to exceed off-budget outlays. The United States public debt, commonly called the national debt, gross federal debt or U.S. government debt, grows as the U.S. Federal Budget remains in deficit and is the amount of money owed by the United States government to creditors who hold US securities like T-bills, notes and bonds...
displayed 300 characters
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Federal Budget remains in deficit and is the amount of money owed by the United States government to creditors who hold US securities like T-bills, notes and bonds. This does not include the money owed by states, corporations, or individuals, nor does it include the money owed to Social Security beneficiaries in the future...
displayed 300 characters
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