President Clinton's Proposal to Reduce the Federal Government Deficit and National Debt PDF Download

Author: Kristen Ferretti
Publisher:
ISBN:
Category : Budget deficits
Languages : en
Pages : 47

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Book Description

Author: Kenneth W. Thompson
Publisher:
ISBN:
Category : Business & Economics
Languages : en
Pages : 200

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Book Description
The Budget Deficit and National Debt analyzes and attempts to better understand the problems associated with the debt and deficit. The theme of this book parallels the Miller Center's primary focus on governance and the presidency. The president is a key actor in submitting, approving, and administrating the budget. Therefore, the study of debt and deficit is in keeping with the Miller Center's focus on governance and the presidency. The book is divided into four sections. The first section discusses the debt and deficit from a variety of political perspectives and ideological approaches. Three contributors, representing different schools of thought and professional backgrounds, provide separate frameworks for considering the budget and deficit. The first section contrasts liberal, conservative, and independent views and compares the effects of the deficit on federal and local governments. The second section provides an overview of the origins and growth of the deficit and its effect on the U.S. economy. The authors outline interaction among and competition between economic and political forces operating in the United States, and they debate the merits of deficit reduction proposals. The third section examines the economic and political ramifications of the deficit, reviewing tactical and strategic errors and their consequences. The book concludes with a discussion of the political struggle over controlling the deficit and chronicles the ambitions and rivalries of two key political figures--Bill Clinton and Newt Gingrich. Their dispute over the seven year balanced-budget plan had significant influence on the policies of debt and deficit.

Author: United States. Congress. House. Committee on Ways and Means
Publisher:
ISBN:
Category : Deficit financing
Languages : en
Pages : 1154

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Book Description

Author: United States. Congress. House. Committee on the Budget
Publisher:
ISBN:
Category : Business & Economics
Languages : en
Pages : 74

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Book Description

Author: United States. President (1993-2001 : Clinton)
Publisher:
ISBN:
Category : Budget
Languages : en
Pages : 154

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Book Description
This report was prepared to accompany President Clinton's first address to a Joint Session of Congress. It describes in detail the comprehensive economic plan being proposed by the new administration for the nation. The plan has three key elements: economic stimulus to create jobs now while laying the foundation for long-term economic growth; long term public investments to increase the productivity of people and businesses; and a balanced deficit-reduction plan to prevent the drain of private investments that generate jobs and increase incomes. The text is organized into four sections: (1) "A New Direction" (a brief 3-page preamble); (2) "A Legacy of Failure" (a 16-page statement of the problem, under subheadings such as "Skyrocketing Health Care Costs"); (3) "What We Must Now Do" (a 92-page statement of the solution, under subheadings such as "Investing in the Future: Reducing the Deficit To Increase Private Investment" and "Restoring Fairness"); and (4) "The Task Remaining" (a brief 6-page wrap-up). A closing Appendix contains 25 pages of statistical tables outlining various discretionary program savings, proposed changes to mandatory programs, stimulus proposals, investment proposals, and revenue and receipts proposals. Most tables provide figures for each year for the 6-year period 1993-1998. The field of education is touched upon in the report at six locations: (1) "Relative Earnings by Education for 25-34 Year Olds" (Chart 2-9, p. 18); (2) Chapter 1 Compensatory Education (p.31); (3) Pell Grants (p. 32); (4) "Lifelong Learning," covering full funding of Head Start and related child care funding and Medicaid, National Service, Dislocated Workers Program, Job Corps Expansion, Summer Youth Employment and Training Program, Youth Apprenticeship, and various Department of Education reforms and initiatives (p. 57-59); (5) Impact Aid "b" Projects (p. 87); and (6) Reform of Student Loan Programs (p. 92). (WTB)

Author: United States. Congress. House. Committee on the Budget
Publisher:
ISBN:
Category : Business & Economics
Languages : en
Pages : 66

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Book Description

Author: United States. Congress. House. Committee on Ways and Means
Publisher:
ISBN:
Category : Deficit financing
Languages : en
Pages : 0

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Book Description

Author: Allen Schick
Publisher: Brookings Institution Press
ISBN: 0815777329
Category : Business & Economics
Languages : en
Pages : 362

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Book Description
The federal budget impacts American policies both at home and abroad, and recent concern over the exploding budgetary deficit has experts calling our nation's policies "unsustainable" and "system-dooming." As the deficit continues to grow, will America be fully able to fund its priorities, such as an effective military and looking after its aging population? In this third edition of his classic book The Federal Budget, Allen Schick examines how surpluses projected during the final years of the Clinton presidency turned into oversized deficits under George W. Bush. In his detailed analysis of the politics and practices surrounding the federal budget, Schick addresses issues such as the collapse of the congressional budgetary process and the threat posed by the termination of discretionary spending caps. This edition updates and expands his assessment of the long-term budgetary outlook, and it concludes with a look at how the nation's deficit will affect America now and in the future. "A clear explanation of the federal budget... [Allen Schick] has captured the politics of federal budgeting from the original lofty goals to the stark realities of today."—Pete V. Domenici, U.S. Senate

Author: United States
Publisher:
ISBN:
Category : Debts, Public
Languages : en
Pages : 94

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Book Description

Author: Timothy J Penny
Publisher: Westview Press
ISBN:
Category : Business & Economics
Languages : en
Pages : 196

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Book Description
Today's children and grandchildren are tomorrow's taxpayers and social fabric, and this book contends that we are setting them up for economic disaster with our current policies of federal overspending. Former Representative Tim Penny (D-Minn.) and political scientist Steven Schier take us inside the Capitol to show us the lobbying, arm twisting, and pork barreling that goes on to derail policies designed to reduce the federal deficit; and they offer students the opportunity to try out short- and long-term solutions, to better understand and confront the political, social, and moral payments now coming due.