Obviously, in periods where there is a deficit, the difference is made up by issuing debt, but are there any other possibilities where the federal budget could be considered 'balanced' by deferring payments to future years? For example, something that made the budget better today, but at the expense of increasing the unfunded liability of social security over the next 75 years, which isn't included in budget calculations.
2007-01-24
17:25:46
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3 answers
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asked by
presidentrichardnixon
3
in
Social Science
➔ Economics