Widespread concern, even alarm, over the U.S. government’s budget deficit has become one of the leading public policy issues of the decade. Talk about large federal deficits that will persist throughout the 1980s now dominates discussions otherwise intended to focus on specific spending needs--defense, for example, or medical care supports--or on tax restructuring. It also now dominates discuss...

Abstract There is growing research on the political budget cycles in transition economies whose institutions, and societies differ significantly from those of developed countries. New democracies are more vulnerable to (fiscal) cycles. Most studies focus policy instruments (e.g. fiscal policies) rather than macroeconomic outcomes. In this paper, we analyse budget/fiscal cycle Albania, a post-co...

EDEIIAL budget deficits of $200 billion or more have created considerable controversy and confusion among analysts, policvrnakers and voters. The important problem, of course, concerns the consequences of current and projected spending, receipts and deficits. Public concern about these problems began, however, with the ballooning of deficits in 1982 and 1983. Many analysts conjecture that recen...

After nearly a quarter century of large budget deficits—causing the public debt to double from 20 percent to 42 percent as a share of GDP in the industrialized countries—the need for greater fiscal discipline appears to be reaching a consensus. Last spring a balanced budget amendment to the U.S. Constitution passed in the House of Representatives and came close to passing in the Senate—a swing ...

Republicans control both houses of Congress as well as the presidency. Control means accountability, and large federal budget deficits do not harmonize with the Republican self-image of fiscal prudence. Thus, one of the top agenda items this spring and summer will be how to reduce the federal budget deficit. President Bush and congressional leaders have ruled out tax increases. This leaves only...

Purpose: In supporting APBN financing, the government always prioritizes non-debt financing. However, also uses debt financing to meet needs of state budget. One alternative efforts that must be made by Government is develop Sharia-based SBN or what can called Sukuk Negara. Method: This research a qualitative methodology. Result: Based on results has been conducted, it known State have major ro...

In overlapping-generations economies with perfect financial markets and lumpsum taxation, restrictions on the government budget deficit do not limit the set of achievable allocations. For economies in which the tax instruments are distortionary and limited in number, this strong form of irrelevance does not hold even if markets are perfect. We propose a weaker (but natural) definition of irrele...

This study aims to find out how the budget is managed finance Bandar Klippa village spending in 2020 and 2021, whether there a deficit or surplus this management. research uses descriptive qualitative method by conducting interviews, documentation observation. Based on results of study, you will get revenue IDR 1,924,528,154 with expenses 1,946,550,800, experience 22,022,646 while 2021 2,039,14...