Deficit Politics in the United States - Taxes, Spending and Fiscal Disconnect

From the clashes between Federalists and Republicans in the 1790s until today, partisan battles over taxing, spending, and public debt have shaped American political development. These battles were formerly constrained by fiscal norms that mandated balanced budgets and low debt.

List of contents

List of Figures and Tables
Preface
Chapter One: From Balanced Budgets to Deficit Politics
Chapter Two: From Deficit to Surplus—The Reagan-Clinton Transition
Chapter Three: From Surplus to Deficit—The George W. Bush Presidency
Chapter Four: Stabilizing the Deficit—The Obama Presidency
Chapter Five: Raising the Deficit—The Trump Presidency
Chapter Six: The Future of Deficit Politics—And Why It Matters
Selected Bibliography
Index

Summary

From the clashes between Federalists and Republicans in the 1790s until today, partisan battles over taxing, spending, and public debt have shaped American political development. These battles were formerly constrained by fiscal norms that mandated balanced budgets and low debt.

Product details

• Authors: Dennis Ippolito, Dennis (Southern Methodist University Ippolito
• Publisher: Taylor & Francis Ltd.
• Languages: English
• Product format: Paperback / Softback
• Released: 04.10.2024
• EAN: 9781032201245
• ISBN: 978-1-0-3220124-5
• No. of pages: 224
• Series: Europa Economic Perspectives
• Subjects: Social sciences, law, business > Political science > Political science and political education; USA, POLITICAL SCIENCE / General, POLITICAL SCIENCE / Political Ideologies / General, POLITICAL SCIENCE / Political Economy, REFERENCE / General, POLITICAL SCIENCE / Public Policy / Economic Policy, POLITICAL SCIENCE / American Government / National, Politics & government, Economic theory & philosophy, Political Economy, United States of America, USA, Politics and government, Economic theory and philosophy