Explore the fundamental principles of the golden rule of government spending, which advocates for sustainable fiscal strategies by limiting borrowing to investments for future generations.
Learn about Underlying Debt in municipal bonds, which illustrates the backing of smaller government entities' debts by larger entities. Understand its implications on financial ratings and operations.
Learn what Unlimited Tax Bonds are, how they differ from Limited Tax Bonds, and their role in municipal financing. Explore the safety and implications of these bonds.
Explore the concept of austerity, including its definitions, key takeaways, implications, and types, providing a comprehensive overview for managing public debt efficiently.
