What if the National Debt Were Eliminated? Some Economic Consequences Metadata

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Title

  • Main Title What if the National Debt Were Eliminated? Some Economic Consequences

Creator

  • Author: Labonte, Marc
    Creator Type: Personal
    Creator Info: Government and Finance Division

Publisher

  • Name: Library of Congress. Congressional Research Service.
    Place of Publication: Washington D.C.

Date

  • Creation: 2002-02-25

Language

  • English

Description

  • Content Description: Asthe budget has moved from a position of large deficitsto large surpluses, then back to deficit again, a debate has emerged about the desirability of retiring the national debt. Although the national debt would not be retired under current baseline forecasts, it remains an important element of the budget surplus debate. By the end of the baseline window, the national debt is forecast to reach its lowest level in the post-war period as a percentage of GDP despite the dramatic deterioration in the surplus forecastsince 2001. This report will explore the economic issues surrounding budget surpluses and debt retirement

Subject

  • Legislative Indexing Vocabulary: Budgets
  • Legislative Indexing Vocabulary: Monetary policy
  • Legislative Indexing Vocabulary: Public debt
  • Legislative Indexing Vocabulary: Economic policy

Collection

  • Name: Congressional Research Service Reports
    Code: CRSR

Institution

  • Name: UNT Libraries Government Documents Department
    Code: UNTGD

Resource Type

  • Report

Format

  • Text

Identifier

  • CRS Report Number: RL30614
  • Accession or Local Control No: RL30614 2002-02-25
  • Archival Resource Key: ark:/67531/metacrs2192
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