Budget Issues: Overview of State and Federal Debt

AFMD-88-11BR Published: Jan 27, 1988. Publicly Released: Jan 27, 1988.

Highlights

In response to a congressional request, GAO provided information on state and federal government debt trends to describe the major legal fiscal constraints that states use to control debt.

Full Report

Full Report (62 pages)

Office of Public Affairs

Chuck Young

Managing Director

youngc1@gao.gov

(202) 512-4800

Topics

Budget and Spending

Balanced budgetsBudget activitiesBudget controllabilityBudget deficitFederal debtGross national productMacroeconomic analysisSeparation of powersState budgetsBudget deficits