by Alex Engler In the past year, the United States government spent every penny that it collected. Then it went on to spend an additional $1.1 trillion, generating a deficit equivalent in value to everything produced in Mexico during that same year. Although the fiscal 2012 deficit fell to 7.3 percent of GDP, down from […]
Balancing the Budget in an Economic Crisis, and Other Insights from Washington State Assistant Treasurer
Senior Interview Editor Ingrid Stegemoeller talked with Dr. Wolfgang Opitz, Washington’s Assistant State Treasurer. They discussed the role of the office and the impact of the recent economic downturn. Georgetown Public Policy Review: The Office of the State Treasurer in Washington state manages state debt and invests state and local funds, among other responsibilities. Talk […]