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Federal Reserve Bank of St. Louis
The Regional Economist
The federal budget: how the U.S. got here, and where it is headed
Fernando M. Martin
Abstract

Now that the turmoil over the federal budget has quieted down somewhat, it’s a good time to examine how spending and revenue have changed since the 1970s and are expected to change in the next 10 years.


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Fernando M. Martin, "The federal budget: how the U.S. got here, and where it is headed" , Federal Reserve Bank of St. Louis, The Regional Economist, number 2, July 2014.
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