Federal budget outlook and economic implications

Bibliographic Information

Federal budget outlook and economic implications

Michael S. Okada, editor

(Economic issues, problems and perspectives series)(American political, economic, and security issues series)

Nova Science Publishers, c2011

  • : hbk

Available at  / 3 libraries

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Note

Includes bibliographical references and index

Description and Table of Contents

Description

The federal budget is central to Congress's ability to assert its "power of the purse". Federal budget decisions express Congress's priorities among competing aims and reinforce Congress's influence on federal policies. The budget also affects, and is affected by, the national economy as a whole. The federal budget over the next few fiscal years will likely face significant challenges to both revenues and outlays as a result of recent turmoil in the economy and financial markets. This new book explores the federal budget outlook and economic implications as concerns remain about the federal government's long-term fiscal situation. The rising costs of federal health care programs and the effects of the baby boom generation's retirement present serious challenges to fiscal stability.

Table of Contents

  • Preface
  • The Federal Budget: Current & Upcoming Issues
  • The Economic Implications of the Long-Term Federal Budget Outlook
  • The Federal Government's Long-Term Fiscal Outlook
  • The Effects of Automatic Stabilizers on the Federal Budget
  • The Budget Resolution & Spending Legislation
  • Index.

by "Nielsen BookData"

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