Author: United States. Superintendent of DocumentsPublisher:
ISBN:
Category : Budget
Languages : en
Pages : 6
Book Description
Budget of the United States Government, Fiscal Year 1991 and Economic Report of the President, February 1990
Author: United States. Superintendent of DocumentsPublisher:
ISBN:
Category : Budget
Languages : en
Pages : 6
Book Description
Monthly Catalog of United States Government Publications
Author: Publisher:
ISBN:
Category : Government publications
Languages : en
Pages : 1224
Book Description
Monthly Catalogue, United States Public Documents
Author: Publisher:
ISBN:
Category : Government publications
Languages : en
Pages : 1300
Book Description
Survey of Current Business
Author: Publisher:
ISBN:
Category : Commercial statistics
Languages : en
Pages : 764
Book Description
The 1992 Economic Report of the President
Author: United States. Congress. Joint Economic CommitteePublisher:
ISBN:
Category : United States
Languages : en
Pages : 564
Book Description
Debt and the Twin Deficits Debate
Author: James M. RockPublisher: WCB/McGraw-Hill
ISBN:
Category : Business & Economics
Languages : en
Pages : 292
Book Description
United States Congressional Serial Set Catalog
Author: Publisher:
ISBN:
Category : Government publications
Languages : en
Pages : 796
Book Description
Monthly Catalog of United States Government Publications
Author: Publisher:
ISBN:
Category : Government publications
Languages : en
Pages : 970
Book Description
Transfer Spending, Taxes, and the American Welfare State
Author: Wallace C. PetersonPublisher: Springer Science & Business Media
ISBN: 9401139210
Category : Business & Economics
Languages : en
Pages : 188
Book Description
In 1989 the federal government spent $1197 billion, a mind-boggling sum that is almost impossible to visualize. Since there were 248. 8 million people living in the United States in that year, the government spent an average of $4811 for every man, woman, and child in the nation. For a hypothetical family of four, federal spending in 1989 amounted to an average of$19,244. To put this sum in perspective, the money income of an American family averaged $35,270 in the same year. To finance spending $1197 billion, the government collected taxes from American citizens and residents in an amount of $1047 billion. Because of a shortfall between what it spent and what it took in taxes, the government had to borrow $150 billion, partly from individuals, but mostly from banks, insurance companies, and foreigners. How, where, and on whom did the federal government spend all this money? Since federal spending in 1989 totaled 23 cents in comparison to every dollar spent for the buying of goods and services, finding an answer to this question is not a trivial matter. Spending by Washington reaches into every nook and cranny of the economy, touching the lives and fortunes of almost everyone in the nation. Thus, answers to these questions are of more than academic interest.
Author: