Deflicit financing
The United States has several levels of government. The main national government that has jurisdiction over the entire country is known as the federal government. Most of the United States is divided into smaller political subdivisions called "states." Examples of states are Florida, California, and Hawaii. These states have their own governments that have jurisdiction over local matters within their boundaries. (The United States also has several territories not located within states that do not have all of the rights of states, but do have their own governments. Examples are the District of Columbia where the federal capital is located, Puerto Rico, and Guam.) A tax imposed by action of the federal government is called a federal tax. A tax imposed by action of a state government is called a state tax.
The difference, on a yearly basis, between the budget (expenses) for the federal government of the United States and revenues (income). When the expenses are more than the income, the difference is called the deficit. When the income is more than the expenses, the difference is called a surplus.
Margin
The Federal Funds rate abbriviated as Fed Funds is the overnight loan rate between banks. The Discount Window is the Federal Reseve Bank of New York's overnight interst rate charged to banks from the Federal Reserve, called the discount window rate.
Fiscal Policy
Various things; The national debt The deficit Public borrowing Public debt Carelessness Irresponsibility
Various things; The national debt The deficit Public borrowing Public debt Carelessness Irresponsibility
Various things; The national debt The deficit Public borrowing Public debt Carelessness Irresponsibility
Various things; The national debt The deficit Public borrowing Public debt Carelessness Irresponsibility
Various things; The national debt The deficit Public borrowing Public debt Carelessness Irresponsibility
This is called Federalism
When the federal government passes authority to administer a program down to state or local governments, it is called
Concurrent powers
preemption.
New federalism
Concurrent powers
The division of powers between the national and state governments called federalism. This division of powers is facilitated by the federal government.