Federal Finance - Deepstash

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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shannokle

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In order to reduce the budget deficits that's happening with the government, they can do the following:

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