http://www.truthnews.net/world/2003070086.htm

Edgmand, Moomaw, and Olson. Economics and Contemporary Issues. Ohio: Thompson, 2004.

Fisher, Peter. Treasury’s Fisher on Budget Deficit Page. 14 Sept. 2003.

http://www.usembassy.state.gov/tokyo/wwwh20030328b3.html

Kohn, Donald L. The Federal Reserve Board Page. 10 Sept. 2003

http://www.federalreserve.gov/boarddocs/speeches/2002/20021122/default.htm

Merstein, Hannah. Frequently Asked Questions About Debt Page. 12 Sept. 2003

Simmons, Gene. Federal Budget Spending & The National Debt Page. 15 Sept. 2003

The gross federal debt that was facing our nation at the end of 2001 was almost 6.2 trillion dollars! It seems that every time I pick up a newspaper, I find at least one article written about the negative net balance—or the deficit that is now facing our nation. After almost five years of having a s

In conclusion, I am very optimistic about the fate of the United States in terms of our current budget situation. I feel that with work on making our economy stronger through things such as tax breaks, and a tighter handle on government spending, that we should be able to eliminate the deficit and bring back a surplus that hasn’t been seen in a couple of years.

urplus when dealing with the federal budget, many people are wondering why we are now experiencing a deficit. According to Hannah Merstein “A deficit is the fiscal year difference between what the government takes in from taxes and other revenues, called receipts, and the amount of money that the government spends, called outlays” (2).

Some topics in this essay:
Medicaid Education, Budget Office, Olson Emperato, John Boehner, DNA Numerous, Peter Fischer, Budget Deficit, Federal Budget, Moomaw Olson, Hannah Merstein, sept 2003, federal budget, net balance, federal debt, edgmand moomaw, debt held, budget deficit, government spending, edgmand moomaw olson, moomaw olson, debt held public, government money, gross federal debt, page 10 sept, 10 sept 2003,