Budget 2026: When a government needs to spend more than it earns, it turns to deficit financing. To cover this gap, it typically raises money by borrowing from the public through bonds or by printing ...
We examine the macroeconomic, asset pricing, and public debt consequences of deficit financing dividend taxation in a dynamic general equilibrium model featuring partial investment irreversibility.
The Town Board is seeking permission from the state Legislature to pursue financing to eliminate an estimated $18 million town deficit. The board Thursday approved the measure by a 4-3 party-line vote ...
Amsterdam officials are continuing to pursue deficit financing authorization, but the process is apparently different than how it was initially laid out. Two weeks ago, the Amsterdam Common Council ...