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Uses of the Budget Surplus


# 287
Uses of the Budget Surplus
This paper looks at four possible uses of the American budget surplus (of 2000). The four possibilities are retiring debt, increase government spending, increase government transfer payments, or cut taxes.
2,927 words (approx. 11.7 pages) | 19 sources | 2000 United States


Paper Summary:

This paper was written for an Economics 102: Intermediate Macro class. It looks at four possible uses of the budget surplus that our country first saw in 2000. The four possibilities are retiring debt, increase government spending, increase government transfer payments, or cut taxes. Each possibility is looked at with great detail.
The paper looks at the pros and cons of each possibility. A number of government and independent organizations are cited including the Congressional Budget Office, the Office of Management and Budget, and the Committee on Citizens for a Tax Cut. In the paper I conclude that the best course of action would be to split the surplus between retiring debt and increasing government transfer payments. This paper covers all aspects of the budget surplus and possible uses.

Cite this paper

APA Citation:

Uses of the Budget Surplus (2012, January 15). Retrieved February 12, 2012, from http://www.academon.com/Term-Paper-Uses-of-the-Budget-Surplus/287

MLA Citation:

"Uses of the Budget Surplus" 15 January 2012. Web. 12 Feb. 2012. <http://www.academon.com/Term-Paper-Uses-of-the-Budget-Surplus/287>




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Published by:

Thomas Woodrow US
Publisher Since:
Jan 02, 2001
The George Washington University is located in Washington, D.C. two blocks from the White House. The undergrad population is about 10,000 students. GW is known for it's Political Science, History, Law, and International Affairs departments. I major in Political Science and History, with a possibile minor in Economics. I am invoved with University Greek life, the GW College Republicans, and working on Capitol Hill.
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