Jul 20, 2018 ... A budget deficit is when spending exceeds income. To reduce it, you must  increase income or lower spending, whether you're a family or a ...
President Obama doubled the debt from $10 trillion to $20 trillion. Now we're on  course to ... Mick Mulvaney · On whether higher federal deficits are acceptable.
Deficits can be a source of inflation if they are accommodated by monetary policy -that is, if the Federal Reserve responds to higher deficits by increasing the ...
Jan 29, 2018 ... To correct a budget deficit, a nation may need to cut back on certain expenditures , increase revenue-generating activities or employ a ...
Apr 20, 2018 ... What's a 'deficit owl' and why do they make everyone so mad? ... This month, the  Congressional Budget Office estimated that the government's annual deficit  would top ... for fiscal hawkishness, and widely accepted by much of Congress. ...  An economy where higher deficits could cause runaway inflation, ...
On whether higher federal deficits are acceptable.