Skip to content

Know someone over 50 making a difference? Nominate them for the AARP Purpose Prize.


Budget Surpluses (Deficits) and the Federal Debt: How Are They Linked?

Understanding the federal budget from an accounting perspective is important for grasping the relationship between budget surpluses or deficits and federal debt. In this AARP Public Policy Institute Data Digest, Jules Lichtenstein and Satyendra Verma employ budget accounting conventions to frame and explain the policy issues surrounding Social Security reform, national savings, and the effect of government borrowing on the economy. (4 pages)

Pub ID: DD109

Learn More

Learn more about AARP Public Policy Institute

Join the Discussion

0 | Add Yours

Please leave your comment below.

You must be logged in to leave a comment.