Posts tagged as:

deficit

Difference Between Debt, Deficit, Taxes and Spending

May 25, 2011

in US debt, US economy, debt, deficits, financial education, sovereign debt, spending, taxes, terminology

With the U.S. debt ceiling becoming an ongoing economic issue for American politics, you may be confused about some of the terms you hear and read in the news – or worse, maybe you don’t even question them and you talk about “debt” and “deficits” interchangeably.
Taxes and spending sound equally bad too, but there are [...]

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Current US Debt Ceiling Levels and Next Vote

January 17, 2011

in 2011, China, FOMC, Federal Reserve, US Treasury, US debt, US economy, credit, debt, foreign investment, government, indicators, inflation, market reports, money supply, news and updates, sovereign debt, world order, world reserve currency

This spring of 2011, United States Congress will vote on whether or not to raise the debt ceiling.  What is the US debt ceiling? The debt ceiling refers to the total cap on U.S. borrowing through Treasury issuances of debt, in the form of bonds, to domestic and foreign holders.
If you think the U.S. is [...]

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The US Will Never Again Run A Balanced Budget

April 13, 2010 · 10 comments

in US Treasury, US debt, budgets, central banks, debt, deficits, economy, international economy, money supply, news and updates, world order, world reserve currency

Thus spake the Congressional Budget Office on the long-term future of American fiscal integrity (or rather, the coming lack of it).  As Niall Ferguson reported in his piece for the Financial Times back in February,

“The long-run projections of the Congressional Budget Office suggest that the US will never again run a balanced budget. That’s right, [...]

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States With the Biggest Budget Holes

November 27, 2008

in US economy, deficits

As reported by CNBC, in order of greatest gap to lowest gap:
Arizona (deficit of $2.4 billion for the year)
California
Florida
Nevada
Rhode Island
Virginia
South Carolina
New York
New Hampshire
Alabama (deficit of $784 million for the year)
Related Posts State of the Economic Union: How Will Obama Get Massive U.S. Budget Deficits To Budge? Investing in [...]

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