The past few years have seen a sharp rise in the debt of the federal government. The surge in debt stems partially from lower tax revenues and higher federal spending related to the recent severe recession and turmoil in financial markets. However, the growing debt also reflects an imbalance between spending and revenues that predated those economic developments. This book examines federal debt issues and interest costs, as well as a history of the debt limit.
| ISBN-13: | 9781613242889 |
| ISBN-10: | 1613242883 |
| Publisher: | Nova Science Publishers |
| Publication date: | 2011 |
| Edition description: | UK ed. |
| Pages: | 102 |
| Product dimensions: | Height: 8.25 Inches, Length: 5.5 Inches, Weight: 0.38360433588 Pounds, Width: 0.25 Inches |
| Author: | Anthony V. Martinez, Karen M. Schulz |
| Language: | en |
| Binding: | Paperback |
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