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Within the budgetary process, deficit spending is the amount by which spending exceeds revenue over a particular period of time, also called simply deficit, or budget deficit: the opposite of budget surplus.[1] The term may be applied to the budget of a government, private company, or individual. Government deficit spending was first identified as a necessary economic tool by John Maynard Keynes in the wake of the Great Depression.[2] It is a central point of controversy in economics, as discussed below.
^Brown-Collier, Elba K.; Collier, Bruce E. (March 1995). "What Keynes Really Said about Deficit Spending". Journal of Post Keynesian Economics. 17 (3): 341–355. doi:10.1080/01603477.1995.11490034. ISSN 0160-3477.
^Niederjohn, M. Scoot (2011). Schug, Mark C.; Wood, William C. (eds.). Teaching economics in troubled times: theory and practice for secondary social studies, Chapter 2 John Maynard Keynes: Dead But Not Forgotten. New York: Routledge. ISBN 978-0-415-87771-8.
process, deficitspending is the amount by which spending exceeds revenue over a particular period of time, also called simply deficit, or budget deficit: the...
the public deficit (spending, G, minus net taxes, T) plus net exports (exports (X) minus imports (M)), where net exports is the net spending of non-residents...
created via the increased deficitspending with Treasury securities, thus draining this excess liquidity back down to pre-spending levels. There is no "loanable...
to cut tax rates and increase military spending. It fell during the 1990s because of decreased military spending, increased taxes and the 1990s boom. Public...
whether it is relative or absolute. Shrinking military advantages, deficitspending, geopolitical overreach, and a shift in moral, social, and behavioral...
spending is to decrease deficits (primarily stemming from reductions in spending) allocated to lower-income tax filing units and to increase deficits...
with arguments that they reduce deficitspending and constrain politicians from making irresponsible short-term spending decisions when they are in office...
Government spending in the United Kingdom, also referred to as public spending, is the total spent by Central Government departments and certain other...
negative Government budget deficitDeficitspending, the amount by which spending exceeds revenue Primary deficit, the pure deficit derived after deducting...
Attention deficit hyperactivity disorder (ADHD) is a neurodevelopmental disorder characterised by executive dysfunction occasioning symptoms of inattention...
budget deficit was 3% per year. Roosevelt did not fully utilize[clarification needed] deficitspending. The effects of federal public works spending were...
government spending by cutting taxes, to deprive the federal government of revenue in a deliberate effort to force it to reduce spending. The term "the...
stimulus involving deficitspending; and second, by devaluing the currency. Takahashi used the Bank of Japan to sterilize the deficitspending and minimize...
political-economic policies that aim to reduce government budget deficits through spending cuts, tax increases, or a combination of both. There are three...
measure to increase tax rates and decrease government spending. It occurs when government deficitspending is lower than usual. This has the potential to slow...
constraint on spending. MMT also argues that inflation can be addressed by increasing taxes across the economy to reduce the spending capacity of the...
as to avoid a higher level of public debt. The deficitspending, that is the growth of public spending without an equal amount of monetary entrance into...
Deficit reduction can refer to any method of reducing a government budget deficit (including reduced government spending and/or increased government revenue)...
the specific context of deficit reduction, the term is more commonly applied to those advocating for cuts in government spending than to those supporting...
Deficit reduction in the United States refers to taxation, spending, and economic policy debates and proposals designed to reduce the federal government...
Helmut Schmidt, who advised him to announce several spending cuts to quell criticism of the large deficits his government was running. After a series of defeats...
fiscal discipline. Buchanan argued that deficitspending would evolve into a permanent disconnect between spending and revenue, precisely because it brings...
government spending create demand and economic expansion. However, government spending increases translates to tax increases or deficitspending. This creates...
conservatives advocate the avoidance of deficitspending, the lowering of taxes, and the reduction of overall government spending and national debt whilst ensuring...
interest rates were at an historic low which meant that the massive deficitspending was easier to finance. Interest payments on debt represented approximately...
Deficit Procedure (EDP) of the SGP was suspended via activation of the "general escape clause" during 2020-2023 to allow for higher deficitspending;...
Government spending in the United States is the spending of the federal government of the United States and the spending of its state and local governments...
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