An insight into a contentious debate surrounding the U.S. government's borrowing capacity in 2011.
A budget deficit is the economic condition that arises when government expenses surpass its revenues.
A fiscal deficit is a government's shortfall in income compared to its spending, indicating it is spending beyond its means.
A government bond is a debt security issued by a government to support government spending and obligations.
Government purchases are expenditures on goods and services by federal, state, and local governments.
Understanding Modified Accrual Accounting: An Accounting Melodrama
A humorous look at a serious financial term: Net Debt Per Capita.
The shift of ownership from government to private entities.
Understand the nuts and bolts of sales tax, where you pay the government to facilitate your buying habits!
An insightful take on how a nation's tax revenue measures up against its economic prowess!
A humorous look into the personification of the U.S. federal government and its representation in the world of finance.
A unique financial instrument that brings the idea of 'forever' into the realm of bonds, sprouting interest payments like the proverbial tree that keeps giving.
The United States Treasury (UST) is the federal government division managing U.S. finances and debt.
