Deficit Hawk - Explained
What is a Deficit Hawk?
Written by Jason Gordon
Updated at April 24th, 2022
- Marketing, Advertising, Sales & PR
- Accounting, Taxation, and Reporting
- Professionalism & Career Development
-
Law, Transactions, & Risk Management
Government, Legal System, Administrative Law, & Constitutional Law Legal Disputes - Civil & Criminal Law Agency Law HR, Employment, Labor, & Discrimination Business Entities, Corporate Governance & Ownership Business Transactions, Antitrust, & Securities Law Real Estate, Personal, & Intellectual Property Commercial Law: Contract, Payments, Security Interests, & Bankruptcy Consumer Protection Insurance & Risk Management Immigration Law Environmental Protection Law Inheritance, Estates, and Trusts
- Business Management & Operations
- Economics, Finance, & Analytics
- Courses
Table of Contents
What is a Deficit Hawk?Why is Understanding a Deficit Hawk Important?Academic Research on Deficit HawkWhat is a Deficit Hawk?
Deficit hawk is a slang term that advocates a reduction in government spending.
Back to: ECONOMIC ANALYSIS & MONETARY POLICY
Why is Understanding a Deficit Hawk Important?
Deficit Hawk is often used in a political context to tell the government to limit the federal budget deficit or keep it under control. Deficit Hawks advocate either reduced spending, increased taxes, or both by the government to maintain a balanced federal budget.
Deficit Hawks tend to proactive in pointing out spending increases or tax revenue decreases that will result in an increase in the federal budget deficit. These individuals watch closely proposed legislation and budget proposals that will have the effect. These individuals often rely on estimates of tax revenue and expenditures prepared by the Congressional Budget Office.
Related Topics
- Fiscal Policy
- Expansionary vs Contractionary Fiscal Policy
- Stabilization Policy
- Robin Hood Effect
- Ricardo Barro Effect
- Trickle Down Theory
- Discretionary Fiscal Policy
- Automatic Stabilizers
- Crowding Out Effect
- Autonomous Spending
- Autonomous Consumption
- Golden Rule
- Ricardian Equivalence
- Balanced Budget - Deficit and Surplus
- National Debt
- Standardized Employment Budget
- Deficit Hawk
- Austerity
- Twin Deficits