Quantitative Easing (QE) Explained

  Clarke and Dawe – Quantitative Easing     Courses Congressional Operations Briefing – Capitol Hill Workshop Drafting Federal Legislation and Amendments Writing for Government and Business: Critical Thinking and Writing Custom Training Congressional Operations Poster, with Federal Budget Process Flowchart Federal Budgeting, a Five-Course series on CD Congress, the Legislative Process, and the Fundamentals … Read more

Bailouts Explained – Clarke and Dawe: European Debt Crisis

Clarke and Dawe – European Debt Crisis     Also see Federal Debt; Budget Deficit / Budget Surplus; Date Shifting / Fiscal Transparency / Fiscal Illusion; Public Debt / Debt Ceiling; “We Don’t Want Your Clunkers“.     Courses Congressional Operations Briefing – Capitol Hill Workshop Drafting Federal Legislation and Amendments Writing for Government and … Read more

Unemployment Rate / Employment-Population Ratio (CongressionalGlossary.com)

From the Congressional Glossary – Including Legislative and Budget Terms Unemployment Rate / Employment-Population Ratio   Unemployment and the Unemployment Rate   As defined by the Bureau of Labor Statistics (BLS), the number of people who do not have jobs but have actively looked for work in the prior 4 weeks and are currently available … Read more

Budget Deficit / Budget Surplus (CongressionalGlossary.com)

From the Congressional Glossary – Including Legislative and Budget Terms Budget Deficit / Budget Surplus   Lesson 1 National Debt & Budget Deficit Explained   The relationship between spending and revenues is reflected in the surplus or deficit figure. A surplus is an excess of revenues over outlays, while a deficit is an excess of … Read more

Deflation / Inflation / Real Dollar (CongressionalGlossary.com)

From the Congressional Glossary – Including Legislative and Budget Terms Deflation / Inflation / Real Dollar Whip Inflation Now (WIN) Deflation: A sustained decrease in the general price level. Deflator: An index used to adjust a current dollar amount to its real dollar counterpart, that is, to remove the effects of inflation. Inflation: A rise … Read more

Governmental Receipts (CongressionalGlossary.com)

From the Congressional Glossary – Including Legislative and Budget Terms Governmental Receipts photo credit: ben_osteen Collections from the public based on the government’s exercise of its sovereign powers, including individual and corporate income taxes and social insurance taxes, excise taxes, duties, court fines, compulsory licenses, and deposits of earnings by the Federal Reserve System. Gifts … Read more

Refunds (CongressionalGlossary.com)

From the Congressional Glossary – Including Legislative and Budget Terms Refunds   Improper Payments in State-Administered Programs: Medicaid   Payments returned to the government that were made in error. They are credited to the appropriation originally charged. Either (1) the return of money that the government improperly collected or collected in excess of the amount … Read more

Financial Statements (CongressionalGlossary.com)

From the Congressional Glossary – Including Legislative and Budget Terms Financial Statements photo credit: Metro Centric A document that describes an entity’s financial activity and status for a specified period. Under federal law and applicable accounting standards, the financial statements for a federal agency usually include a balance sheet, statement of net cost, statement of … Read more

Government-Sponsored Enterprise (GSE) (CongressionalGlossary.com)

From the Congressional Glossary – Including Legislative and Budget Terms Government-Sponsored Enterprise (GSE) photo credit: futureatlas.com A privately owned and operated federally chartered financial institution that facilitates the flow of investment funds to specific economic sectors. GSEs, acting as financial intermediaries, provide these sectors access to national capital markets. The activities of GSEs are not … Read more