How Projected Surpluses Became Deficits
Federal Surplus or Deficit [-] (FYFSD) | FRED | St. Louis Fed
Graph and download economic data for Federal Surplus or Deficit [-] (FYFSD) from 1901 to 2024 about budget, federal, and USA.
How could Texas spend its record $32.7 billion budget surplus?
What would happen if the budget surplus went toward groceries? The Bureau of Economic Analysis estimates that the individual Texan spends $3,471 ...
Surpluses Abound in Many States, but Deficits Projected on ... - SSTI
An improved fiscal picture emerged for many states in 2013 with several states recently reporting year-end surpluses.
Government finance statistics - European Commission
General government surplus/deficit; General government gross debt ... deficit is becoming abnormally high. This action can lead to the ...
U.S. Economy: Debt, Deficits, and the Implications for Investors
Federal debt outstanding was just below 100% of GDP (as per a June 2024 CBO report) and is projected to pass that level in mid-2025, an ...
Financial Report of the United States Government
The 75-year fiscal gap is a measure of how much primary deficits must be reduced over the next 75 years in order to make fiscal policy ...
What Are Deficits? Definition, Types, Risks, and Benefits
A deficit is synonymous with a shortfall or loss and is the opposite of a surplus. A deficit can occur when a government, company, or person spends more than it ...
After A $100 Billion Surplus, California Now Faces A $73 Billion ...
California's constitution requires a balanced budget. But despite a projected deficit that is almost twice as high as it was during the ...
How Worried Should You Be About The U.S. Debt And Deficit?
High debt levels and wide deficits could increase borrowing costs. As the federal deficit grows, so does the need to issue Treasury securities.
How the U.S., on the road to surplus, detoured to massive debt
The biggest culprit, by far, has been an erosion of tax revenue triggered largely by two recessions and multiple rounds of tax cuts. Together, ...
Executive Summary: What Really Is Turning the Budget Surpluses ...
Over the long run, federal budget deficits have resulted from overspending. Had the federal government simply held spending increases to the rate of inflation, ...
The Political Economy of the Budget Surplus in the United States
If the conflict over how to allocate fiscal resources is taken into account, then the current debate over the surplus becomes hardly surprising. In many ...
State Budgets Are Downsizing | The Pew Charitable Trusts
While some states this spring weighed whether to tap rainy day funds to close projected or actual budget deficits, others—such as Delaware— ...
Wisconsin's budget surplus shrinks slightly under latest estimate
The LFB analysis also notes the current budget has what's referred to as a structural deficit, which means the state is projected to spend more ...
Pennsylvania is flush with surplus cash, but it still faces a looming ...
“And if the projection of revenues does not match that, you have a structural deficit.” Unlike the federal government, Pennsylvania cannot ...
Will Texas have a budget surplus next year?
After lawmakers began last session with a record-breaking revenue surplus ... projected to have approximately $21.3 billion in available ...
History of the United States public debt - Wikipedia
To reduce the debt, from 1796 to 1811 there were 14 budget surpluses and 2 deficits. ... deficits became increasingly difficult to control. National debt held ...
Why does the Republic of Ireland have so much surplus cash? - BBC
Why has Ireland got so much surplus cash? 8 August 2023. Share. Save ... expenditure – is forecast to add up to €65.2bn (£56.3bn) over the next four years.
New York City's Economy Shows Resilience While Inflation Cools ...
Forecasted Deficits and Surpluses: IBO Compared With OMB. Dollars in millions ... become part of the surplus used to prepay expenses for the next year.
Deficit plagues PA budget even with surplus cash - Spotlight PA
“And if the projection of revenues does not match that, you have a structural deficit. ... began taking in higher-than-expected tax revenues.