Budget Surpluses: Economic Effects of Debt Repayment, Tax Cuts, or Spending - An Overview

Budget Surpluses: Economic Effects of Debt Repayment, Tax Cuts, or Spending - An Overview

Date: July 23, 1998
Creator: Cox, William A
Description: Updated projections released on July 15 by the Congressional Budget Office (CBO) indicate budget surpluses rising from $63 billion (0.9% of GDP) in FY1998 to more than $100 billion (1.3% to 1.5% of GDP) from FY2002 through FY2005 and over $200 billion (1.8% to 1.9%) from FY2006 through FY2008.1
Contributing Partner: UNT Libraries Government Documents Department
The Federal Debt: Who Bears Its Burdens?

The Federal Debt: Who Bears Its Burdens?

Date: December 9, 1999
Creator: Cox, William A
Description: None
Contributing Partner: UNT Libraries Government Documents Department
Budget Deficits: Causes, Effects and Some Remedial Options

Budget Deficits: Causes, Effects and Some Remedial Options

Date: July 15, 1985
Creator: Grinnell, David & Cox, William A
Description: In 1981 Congress enacted extensive changes in taxing and spending policies that supporters of these changes expected to generate sufficient revenues, despite a series of tax rate cuts, to balance the budget by FY84. After the onset of recession in early 1982, however, the Reagan Administration's projections showed widening budget deficits, which culminated in an actual FY83 deficit of $195.4 billion. Despite enactment of the Tax Equity and Fiscal Responsibility Act of 1982, and, more recently, the Deficit Reduction Act of 1984, large deficits are expected to persist, even under continued favorable economic conditions, unless Federal taxing and spending policies are altered dramatically.
Contributing Partner: UNT Libraries Government Documents Department