Of the $ 2.9 billion year - over-year improvement, budgetary revenues were up by $ 3.4 billion, public
debt charges declined by $ 1.1 billion, while program expenses were up by $ 1.6 billion.
Not exact matches
For example, an important question regarding recent household deleveraging has been to what extent the
decline in aggregate household
debt was attributable to delinquent
debt charge - offs as opposed to active
debt paydowns by consumers.
This gain in credibility contributed to a rapid
decline in long - term interest rates, which in turn significantly reduced public
debt charges and contributed to stronger economic growth and government revenues.
The
decline in public
debt charges for the first quarter is also well above that forecast for the year as a whole.
The
decline to date in public
debt charges of $ 1.4 billion (8.9 %) largely reflects lower average effective interest rates and lower inflation adjustments on Real Return Bonds.
There has been a steady increase in the total amount of past - due
debt in the program, while the number of borrowers has
declined, suggesting that interest
charges and other fees are inflating the loan balances.
After you
declined to make any payments for six months, your credit card issuer «
charged off» your
debt.