Artículos con la etiqueta ‘Presupuesto Federal’

America’s Debt: The Tip and the Bulk of the Iceberg

Por • 9 oct, 2013 • Category: Política

Right now, America is going through an acute financial budgetary crisis. Reaching an agreement on the size and structure of the budget, meanwhile, is essential, but it is not enough to allow Americans to breathe a sigh of relief. Another must is raising the government’s debt ceiling before 17 October. If the ceiling is not raised, the tax revenue will not be enough to meet agreed and approved expenditures. The budget shortfall can only be covered by new government borrowing, which means a further build up of government debt. Thus the issue of the size of America’s debt, how it is calculated and how much official US statistics can be trusted on that score is very much in the spotlight.