Balanced Budgets

CBO Estimate Masks True Budget Deficit (OMB Watch) 10/10/96

Budget Deficits: The Real Story (OMB Watch)

A Citizen's Guide to the Federal Budget: Deficits and the Debt (Office of Management and Budget): This document provides a very basic historical overview of when the government ran deficits in the past, why the deficit is a problem, how the debt is financed, and recent deficit reduction efforts.

How Bad Are Budget Deficits? (University of Delaware): This article describes the nature and size of the public debt, discounting some of the popular myths about it but then listing some of its real dangers, and concludes that there is a bias against public spending.

Sources of Deficit Reduction (United States Senate): This document explains the deficit reduction of the past four years from the viewpoint of the Republican Majority of the Senate Budget Committee.

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