Budgets, Deficits, and Public Policy

• Budgets, Deficits, and Public Policy
• The Government Budget
• Composition of Federal Expenditures: Fiscal Year 1995
• The Presidential Role in the Budget Process
• The Presidential Role in the Budget Process (continued)
• The Congressional Role in the Budget Process
• Budget Deficits and Surpluses
• Problems with the Budget Process
• Entitlement Programs
• Suggestions for Budget Reform
• Rationale for Budget Deficits
• Budget Philosophies
• Crowding Out and Crowding In
• The Federal Deficit Versus the National Debt
• Reducing the Deficit