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Book Rating : 247/5 ( reviews)
Book Synopsis Reaching the Debt Limit: Background and Potential Effects on Government Operations by :
Download or read book Reaching the Debt Limit: Background and Potential Effects on Government Operations written by . This book was released on . Available in PDF, EPUB and Kindle. Book excerpt:
Author : Mindy R. Levit
Release : 2013
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Book Synopsis Reaching the Debt Limit by : Mindy R. Levit
Download or read book Reaching the Debt Limit written by Mindy R. Levit. This book was released on 2013. Available in PDF, EPUB and Kindle. Book excerpt: This report examines the possibility of the federal government reaching its statutory debt limit and not raising it, with a particular focus on government operations. First, the report explains the nature of the federal government's debt, the processes associated with federal borrowing, and historical events that may influence prospective actions. It also includes an analysis of what could happen if the federal government may no longer issue debt, has exhausted alternative sources of cash, and, therefore, depends on incoming receipts or other sources of funds to provide any cash needed to liquidate federal obligations.2 Finally, this report lays out considerations for increasing the debt limit under current policy and what impact fiscal policy could have on the debt limit going forward.
Author : Mindy R. Levit
Release : 2011
Genre :
Kind : eBook
Book Rating : /5 ( reviews)
Book Synopsis Reaching the Debt Limit by : Mindy R. Levit
Download or read book Reaching the Debt Limit written by Mindy R. Levit. This book was released on 2011. Available in PDF, EPUB and Kindle. Book excerpt: This report examines the possibility of the federal government reaching its statutory debt limit and not raising it, with a particular focus on government operations. First, the report explains the nature of the federal government's debt, the processes associated with federal borrowing, and historical events that may influence prospective actions. It also includes an analysis of what could happen if the federal government may no longer issue debt, has exhausted alternative sources of cash, and, therefore, depends on incoming receipts or other sources of funds to provide any cash needed to liquidate federal obligations. Finally this report lays out considerations for increasing the debt limit under current policy and what impact fiscal policy could have on the debt limit going forward.
Author : D. Andrew Austin
Release : 2010-06
Genre : Political Science
Kind : eBook
Book Rating : 346/5 ( reviews)
Book Synopsis Debt Limit by : D. Andrew Austin
Download or read book Debt Limit written by D. Andrew Austin. This book was released on 2010-06. Available in PDF, EPUB and Kindle. Book excerpt: Contents: (1) Introduction: The Debt Limit and the Treasury; Why Have a Debt Limit?; (2) A Brief History of the Federal Debt Limit: Origins of the Federal Debt Limit; World War II and After; (3) The Debt Ceiling in the Last Decade: The Debt Limit Issue in 2002: Resolving the Debt Limit Issue in 2002; The Debt Limit Issue in 2003; The Debt Limit Issue in 2004; The Debt Limit Issue in 2005, 2006, and 2007; The Economic Slowdown and Federal Debt; Fiscal Policy Considerations; Raising the Debt Ceiling in 2008 and 2009; Revised Deficit Estimates; (4) Concluding Comments; (5) Further Reading. Charts and tables.
Author : Mindy Levit
Release : 2014-12-31
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Kind : eBook
Book Rating : 465/5 ( reviews)
Book Synopsis Reaching the Debt Limit by : Mindy Levit
Download or read book Reaching the Debt Limit written by Mindy Levit. This book was released on 2014-12-31. Available in PDF, EPUB and Kindle. Book excerpt: The gross federal debt, which represents the federal government's total outstanding debt, consists of (1) debt held by the public and (2) debt held in government accounts, also known as intragovernmental debt. Federal government borrowing increases for two primary reasons: (1) budget deficits and (2) investments of any federal government account surpluses in Treasury securities, as required by law. Nearly all of this debt is subject to the statutory limit. The federal government's statutory debt limit is currently suspended through February 7, 2014.
