Tag: federal debt
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Debt, Spending and Taxes: All Time Highs? (3 Charts)
Business Insider has these three interesting graphs from the Bureau of Economic Analysis. Personal taxes are a little below the forty-year average, but federal spending including transfers, is near all-time highs, mostly due to an explosion in transfer payments. There is some good news from the New York Times: The Incredible Shrinking Budget Deficit ……
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Who Holds the Federal Debt?
CQ.com: Who Holds the Federal Debt As of the end of March, the federal government owed $14.27 trillion to a wide variety of holders of U.S. Treasury securities. This graphic depicts who those creditors are and the amount they have bought in treasuries. Click on the arrows next to a category to expand its subcategories.…
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Some Economic Miscellany
Greg Mankiw had a post yesterday called How indebted is the U.S. government? that references a report from the Economic Council of Advisors. The report contained three charts that I thought were interesting. The first two compare employee compensation with productivity. The third shows publicly owned debt as a percentage of GDP. I thought…