2019Scientific Research and Development EconomicsRequires access

Comparative Characteristics of Sources of Financing of the Federal Budget Deficit in Russia and the United States

Р. А. Аландаров, Р. А. Аландаров, Ekaterina Zaitseva, E. Zayceva

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Abstract

Information on the state of the Federal budget (surplus or deficit) is insufficient for an adequate, complete assessment of the state of the country’s economy. The budget deficit does not always speak only about the negative impact on the economy. From the point of view of economic theory, a budget surplus does not always mean that the policy of the state is successful and competent. The budget surplus indicates that the state has left free money that was not used to Finance important projects, which means the underutilization of potential. It is necessary to analyze the Federal budget deficit: what exactly is its cause, and most importantly — what sources of funding are attracted.

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What this paper is about

Information on the state of the Federal budget (surplus or deficit) is insufficient for an adequate, complete assessment of the state of the country’s economy. The budget deficit does not always speak only about the negative impact on the economy. From the point of view of economic theory, a budget surplus does not always mean that the policy of the state is successful and competent. The budget surplus indicates that the state has left free money that was not used to Finance important projects, which means the underutilization of potential. It is necessary to analyze the Federal budget deficit: what exactly is its cause, and most importantly — what sources of funding are attracted.

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Available abstract

Information on the state of the Federal budget (surplus or deficit) is insufficient for an adequate, complete assessment of the state of the country’s economy. The budget deficit does not always speak only about the negative impact on the economy. From the point of view of economic theory, a budget surplus does not always mean that the policy of the state is successful and competent. The budget surplus indicates that the state has left free money that was not used to Finance important projects, which means the underutilization of potential. It is necessary to analyze the Federal budget deficit: what exactly is its cause, and most importantly — what sources of funding are attracted.

Key concepts: Federal budget, Deficit spending, State (computer science), Economics, Point (geometry), Balanced budget, Economic policy, Finance

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