Federal Investment, 1962 to 2018

Autor/inn/en	Campbell, Sheila; Tawil, Natalie
Institution	Congressional Budget Office
Titel	Federal Investment, 1962 to 2018
Quelle	(2019), (34 Seiten) PDF als Volltext kostenfreie Datei Verfügbarkeit
Sprache	englisch
Dokumenttyp	gedruckt; online; Monographie
Schlagwörter	Quantitative Daten; Federal Government; Investment; Federal Aid; Grants; Financial Support; Research and Development; National Security; Armed Forces; Transportation; Resource Allocation; Elementary Secondary Education; Vocational Education; Higher Education; Training; Employment; Natural Resources; Community Development; Veterans; State Government; Local Government; Private Financial Support + Suchen Sie Ihr Suchwort? Bundesregierung; Investments; Geldanlage; Investiton; Grant; Finanzielle Beihilfe; Finanzielle Förderung; Forschung und Entwicklung; National territory; Security; Staatsgebiet; Sicherheit; Military; Militär; Verkehrswesen; Ressourcenallokation; Ausbildung; Berufsbildung; Hochschulbildung; Hochschulsystem; Hochschulwesen; Dienstverhältnis; Natural Ressource; Natürliche Ressource; Community; Development; Entwicklung; Kriegsteilnehmer; Veteran; Bund-Länder-Beziehung; Gemeindeverwaltung; Private Investition
Abstract	The federal government pays for a wide range of goods and services that are expected to contribute to the economy for some years in the future. Those purchases, called investment, fall into three categories: physical capital, research and development (R&D), and education and training. There are several economic rationales for federal investment. The federal government can provide public goods that the private sector and state and local governments would not provide efficiently, such as national defense and basic scientific research. Federal investment can promote long-term economic growth--as education spending does by developing a skilled workforce, as R&D spending does by prompting innovation, or as infrastructure spending does by facilitating commerce. And it can support the work of the federal government by, for instance, providing the structures and equipment necessary to perform federal activities. In 2018, the federal government spent $492 billion on investment, representing 12 percent of federal spending and 2 percent of gross domestic product (GDP). This updated report focuses on investment that the federal government makes either directly or through grants. [This report was written with guidance from Joseph Kile and Chad Shirley. To view the earlier version of the report, see ED577334.] (ERIC).
Anmerkungen	Congressional Budget Office. Ford House Office Building 4th Floor, Second and D Streets SW, Washington, DC 20515-6925. Tel: 202-226-2809; e-mail: publications@cbo.gov; Web site: http://www.cbo.gov
Erfasst von	ERIC (Education Resources Information Center), Washington, DC
Update	2020/1/01