Federal Finance
These are measures of government spending and government deficits and debts:
- Federal Receipts (Revenue)[yearly]
- Federal Outlays (Expenses) [yearly]
- Federal Debt [yearly].
Governments generally try to stimulate the economy during recessions and to do so they increase spending without raising taxes. This causes both government spending and government debt to rise during a recession, so they are countercyclical economic indicators. They tend to be coincident to the business cycle.
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Reducing Budget Deficits with Governments
In order to reduce the budget deficits that's happening with the government, they can do the following:
- Increase the taxes, particularly on the wealthy, as advocated by a large group in order to increase federal revenue therefore offsetting the deficit.
- Stimulate economic growt...
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