New Government Report: Overview of the Federal Debt
by D. Andrew Austin
Paperback, 24 pages, 2011, $20.00
The size of current and projected fed. deficits and the accumulation of federal debt (FD) are central to current congressional deliberations regarding fiscal reforms. Here is a broad overview of the FD, annual budget deficits, and debt service costs. FD is the accumulated sum of unrepaid borrowing by the federal government. The total FD consists of debt held by the public and intra-governmental debt. Debt owed to the public represents borrowing from state and local governments, foreign governments and investors, the Federal Reserve System, and foreign central banks, as well as private investors. Contents of this report: Structure of the FD; Deficits, Debt, and Interest Costs; Holdings of FD; What is the “Best” Measure of FD. Charts and tables. This is a print on demand report.
Entry filed under: New Government Reports. Tags: bank, banking, banks, central bank, congressional research service, crs, debt, deficit, economics, fd, federal debt, federal reserve, fiscal responsibility, government, report.