Journal Article

The federal debt: too little revenue or too much spending


Abstract: The rise in the national debt... is entirely a consequence of the federal government?s increase of expenditures without an offsetting increase in revenues.

Keywords: Budget deficits; economic conditions - United States; Debts, Public;

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File(s): File format is application/pdf http://research.stlouisfed.org/publications/es/11/ES1120.pdf

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Bibliographic Information

Provider: Federal Reserve Bank of St. Louis

Part of Series: Economic Synopses

Publication Date: 2011

Order Number: 20