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US Federal Budget as an instrument to enforce ideological principles at the beginning of the 21st century.
Joukl, Petr ; Tajovský, Ladislav (advisor) ; Chalupecký, Petr (referee)
In my diploma thesis, I deal with the federal budget of the US as an instrument designed to promote partisan policies on the example of the administrations of George W. Bush and Barack Obama in order to find out whether there are ideological differences in the budgetary policy of Democrats and Republicans at the beginning of the 21st century. The main part of the thesis is devoted to the analysis of the revenue side and spending side of the budgets of both presidents and the development of the balance they managed. The analysis suggests that, although the nature of the time, phase of the economic cycle and other external influences have a significant impact on budgets, the federal budget can still be considered as an effective tool for expressing partisan preferences.
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U. S. Fiscal Policy
Petrová, Dominika ; Soukup, Jindřich (advisor) ; Rusmichová, Lada (referee)
The subject of this Bachelor's thesis is the analysis of the fiscal policy of the United States of America in the period from 1993 till 2013. It is focused on presidencies of William Jefferson Clinton, George Walker Bush and Barack Hussein Obama. My goal is to describe and review progress of economy of the USA in each presidency period and to realise how they contributed to the welfare of the USA and whether they were able to reach their objects. The first part will describe fiscal policy, its function and forms, and macroeconomic indicators in a theoretical way. The second part is practical. In the beginning of this section, there is a description of expenditures, revenues (tax system), federal budget and federal debt of the United States of America. Afterwards I describe reforms, provisions and pre-elect plans of particular presidents and analyse historical data which relate with the condition of economy of the USA. In the last part of my thesis I evaluate if the presidents reached their plans and goals and how their reforms affect the economy of the whole federation.
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Budget surpluses in the 1990s in light of B. Clinton fiscal policy and economic growth
Drnda, Adnan ; Johnson, Zdenka (advisor) ; Chalupecký, Petr (referee)
This thesis deals with the topic of fiscal policy in the USA during the administration of Bill Clinton and origins of budget surpluses at the end of the 1990s. First I describe fiscal and economic situation during the administration of presidents Reagan and Bush. Then I focus on period of the Clinton administration and key budget acts. Using budget analysis I determine main changes in budget outlays and receipts. I come to conclusion that favourable economic situation led by development of informational technology and other positive factors had an essential impact on stabilization of American federal budgets. However, the Clinton administration managed to take advantage of these circumstances and through fiscal policy significantly contributed to creation of the budget surpluses. In the end I present few recommendations for policymakers.
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