The Federal Budget Deficit and the Business Cycle

Driessen, Grant A. ; Labonte, Marc

Library of Congress. Congressional Research Service.

关键词: Federal budgets;    Budget deficits;    Deficit reduction;   

RP-ID  :  IN10623
RP-ID  :  IN10623_2017Feb14

美国|英语

来源: UNT Digital Library

【 摘 要 】

This report discusses the annual federal budget deficit, which has fallen significantly over the course of the current economic expansion, from a high of 9.8% of gross domestic product (GDP) in FY2009 to 3.2% of GDP in FY2016.