Report
FY2014 Federal Deficit Improvement Will Be Short-Lived
posted by Michael Lewis on October 16, 2014
Found in US, categorized in Fiscal Policy
Report Cover
Headline
For FY2014, the deficit improvement was derived entirely from increased revenues, not spending cuts. Revenues rose almost +9% in 2014, while spending rose +1.4%.
Abstract
FMI’s commentary on FY2014 federal budget results.
About Michael Lewis
Mike Lewis founded Free Market Inc. (FMI) in 1982 as a full-service economic consulting firm, providing insights and in-depth data analysis primarily for institutional money managers and corporate planning directors.
FMI has compiled a solid record of timely, independent and accurate economic forecasts. FMI blends its unique analysis of indicators and experience with economic cycles into a consistent overall outlook. They offer both a comprehensive overview and in-depth detail that enable clients to integrate FMI’s insights into their decision-making process.
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