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The Debt Limit Since 2011

Description: This report discusses the federal debt increase. The accumulation of federal debt accelerated in the wake of the 2007-2008 financial crisis and subsequent recession. Rising debt levels, along with continued differences in views of fiscal policy, led to a series of contentious debt limit episodes in recent years.
Date: February 18, 2014
Creator: Austin, D. Andrew
Partner: UNT Libraries Government Documents Department
open access

Trends in Discretionary Spending

Description: This report provides a graphical overview of historical trends in discretionary budget authority (BA) from FY1976 through FY2011, enacted levels for FY2012 spending, and the levels consistent with President Obama's proposals for FY2013 through FY2017. It also includes a background on functional categories and a section discussing historical spending trends.
Date: January 24, 2014
Creator: Austin, D. Andrew
Partner: UNT Libraries Government Documents Department
open access

Discretionary Budget Authority by Subfunction: An Overview

Description: This report provides a graphical overview of historical trends in discretionary budget authority (BA) from FY1976 through FY2012, preliminary estimates for FY2013 spending, and the levels consistent with the President's proposals for FY2014 through FY2018 using data from President Obama's FY2014 budget submission that was released on April 10, 2013.
Date: January 24, 2014
Creator: Austin, D. Andrew
Partner: UNT Libraries Government Documents Department
open access

The Debt Limit: History and Recent Increases

Description: This report discusses how the total debt of the federal government can increase, an historical overview of debt limits, and how the current economic slowdown has led to higher deficits and thereby a series of debt limit increases, as well as legislation related to these increases.
Date: October 15, 2013
Creator: Austin, D. Andrew & Levit, Mindy R.
Partner: UNT Libraries Government Documents Department
open access

The Debt Limit: History and Recent Increases

Description: This report discusses how the total debt of the federal government can increase, an historical overview of debt limits, and how the current economic slowdown has led to higher deficits and thereby a series of debt limit increases, as well as legislation related to these increases.
Date: September 8, 2010
Creator: Austin, D. Andrew & Levit, Mindy R.
Partner: UNT Libraries Government Documents Department
open access

The Debt Limit: History and Recent Increases

Description: This report discusses how the total debt of the federal government can increase, an historical overview of debt limits, and how the current economic slowdown has led to higher deficits and thereby a series of debt limit increases, as well as legislation related to these increases.
Date: November 4, 2010
Creator: Austin, D. Andrew & Levit, Mindy R.
Partner: UNT Libraries Government Documents Department
open access

Running Deficits: Positives and Pitfalls

Description: The FY2009 federal deficit swelled to $1.414 trillion, or nearly 10% of gross domestic product (GDP), due to the economic recession. The size of recent deficits has added to longstanding concerns regarding the federal government's long-term fiscal condition. However, deficit finance can serve as an important policy tool. This report discusses how deficit finance can help governments manage their economies and how large and persistent deficits can lead to severe economic problems.
Date: September 14, 2010
Creator: Austin, D. Andrew
Partner: UNT Libraries Government Documents Department
open access

Trends in Discretionary Spending

Description: Discretionary spending is provided in, and controlled by, annual appropriations acts, which fund many of the routine activities commonly associated with such federal government functions as running executive branch agencies, congressional offices and agencies, and international operations of the government. Essentially all spending on federal wages and salaries is discretionary. This report discusses historical, current, and projected discretionary spending trends. It also describes how current… more
Date: September 10, 2010
Creator: Austin, D. Andrew & Levit, Mindy R.
Partner: UNT Libraries Government Documents Department
open access

The Debt Limit: History and Recent Increases

Description: This report discusses how the total debt of the federal government can increase, an historical overview of debt limits, and how the current economic slowdown has led to higher deficits and thereby a series of debt limit increases, as well as legislation related to these increases.
Date: March 7, 2011
Creator: Austin, D. Andrew & Levit, Mindy R.
Partner: UNT Libraries Government Documents Department
open access

Trends in Discretionary Funding

Description: Discretionary spending is essentially all spending on federal wages and salaries. Discretionary spending is often divided into defense, domestic discretionary, and international outlays. Defense and domestic discretionary spending compose nearly all of discretionary spending. The Obama Administration contends that many domestic priorities have been underfunded and has proposed some cuts in defense spending. The current economic and financial turmoil, which has led to several major federal inter… more
Date: June 10, 2009
Creator: Austin, D. Andrew & Levit, Mindy R.
Partner: UNT Libraries Government Documents Department
open access

The Debt Limit: History and Recent Increases

Description: This report discusses how the total debt of the federal government can increase, provides an historical overview of debt limits, and explains how the current economic slowdown has led to higher deficits and thereby a series of debt limit increases, also discusses the legislation related to these increases.
Date: August 27, 2013
Creator: Austin, D. Andrew & Levit, Mindy R.
Partner: UNT Libraries Government Documents Department
open access

The Debt Limit: History and Recent Increases

Description: This report discusses how the total debt of the federal government can increase, an historical overview of debt limits, and how the current economic slowdown has led to higher deficits and thereby a series of debt limit increases, as well as legislation related to these increases.
Date: September 25, 2013
Creator: Austin, D. Andrew & Levit, Mindy R.
Partner: UNT Libraries Government Documents Department
open access

Overview of the Federal Debt

Description: The size of current and projected federal deficits and the accumulation of federal debt are central to current congressional deliberations regarding fiscal reforms. This report provides a broad overview of the federal debt, annual budget deficits, and debt service costs. Federal debt is the accumulated sum of unrepaid borrowing by the federal government over time. The total federal debt consists of debt held by the public and intragovernmental debt. Debt owed to the public represents borrowing … more
Date: May 22, 2011
Creator: Austin, D. Andrew
Partner: UNT Libraries Government Documents Department
open access

The Debt Limit: History and Recent Increases

Description: This report discusses how the total debt of the federal government can increase, an historical overview of debt limits, and how the current economic slowdown has led to higher deficits and thereby a series of debt limit increases, as well as legislation related to these increases.
Date: May 2, 2011
Creator: Austin, D. Andrew & Levit, Mindy R.
Partner: UNT Libraries Government Documents Department
open access

The Debt Limit: History and Recent Increases

Description: This report discusses how the total debt of the federal government can increase, an historical overview of debt limits, and how the current economic slowdown has led to higher deficits and thereby a series of debt limit increases, as well as legislation related to these increases.
Date: May 16, 2011
Creator: Austin, D. Andrew & Levit, Mindy R.
Partner: UNT Libraries Government Documents Department
open access

Economic and Fiscal Conditions in the U.S. Virgin Islands

Description: This report discusses the fiscal and economic challenges facing the U.S. Virgin Islands (USVI) and related issues for Congress, such as: oversight of federal policies that could affect the USVI's long-term fiscal stability; further legislation that would extend or restructure long-range disaster assistance programs to mitigate those challenges and promote greater resiliency of infrastructure and public programs; and how responses to the USVI's fiscal distress could affect municipal debt markets… more
Date: June 20, 2018
Creator: Austin, D. Andrew
Partner: UNT Libraries Government Documents Department
open access

Treasury Securities and the U.S. Sovereign Credit Default Swap Market

Description: This report explains how the sovereign credit default swap (CDS) market works and how such CDS price trends may illuminate fiscal stresses facing sovereign governments. Although CDS prices may be imperfect measures of the federal government's fiscal condition, some investors may try to glean information from those price trends. CDS prices have been playing an important role in the European government debt markets and could potentially affect U.S debt markets in the future. European policymakers… more
Date: July 25, 2011
Creator: Austin, D. Andrew & Miller, Rena S.
Partner: UNT Libraries Government Documents Department
open access

The Debt Limit: History and Recent Increases

Description: This report discusses how the total debt of the federal government can increase, an historical overview of debt limits, and how the current economic slowdown has led to higher deficits and thereby a series of debt limit increases, as well as legislation related to these increases.
Date: August 3, 2011
Creator: Austin, D. Andrew & Levit, Mindy R.
Partner: UNT Libraries Government Documents Department
open access

The Debt Limit: History and Recent Increases

Description: This report discusses how the total debt of the federal government can increase, an historical overview of debt limits, and how the current economic slowdown has led to higher deficits and thereby a series of debt limit increases, as well as legislation related to these increases.
Date: July 1, 2011
Creator: Austin, D. Andrew & Levit, Mindy R.
Partner: UNT Libraries Government Documents Department
open access

The Debt Limit: History and Recent Increases

Description: This report discusses how the total debt of the federal government can increase, an historical overview of debt limits, and how the current economic slowdown has led to higher deficits and thereby a series of debt limit increases, as well as legislation related to these increases.
Date: May 2, 2011
Creator: Austin, D. Andrew & Levit, Mindy R.
Partner: UNT Libraries Government Documents Department
open access

Discretionary Budget Authority by Subfunction: An Overview

Description: This report provides a graphical overview of historical trends in discretionary budget authority (BA) from FY1976 through FY2011, enacted levels for FY2012 spending, and the levels consistent with President Obama's proposals for FY2013 through FY2017. It also includes a background on functional categories and a section discussing historical spending trends.
Date: March 29, 2011
Creator: Austin, D. Andrew
Partner: UNT Libraries Government Documents Department
open access

Health Care and Markets

Description: This report discusses the Invisible Hand Theorem, which states that when certain assumptions hold, market outcomes will be efficient.
Date: March 9, 2007
Creator: Austin, D. Andrew
Partner: UNT Libraries Government Documents Department
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