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Abstract

Psychology and Psychotherapy: Research Study

The Economic Impact of the COVID-19 Virus and Considerations of the United States Unified Budget Act

  • Open or ClosePaul F Gentle*

    Department of Economics, Auburn University, USA

    *Corresponding author:Paul F Gentle, Department of Economics, Auburn University, USA

Submission: July 13, 2020;Published: July 31, 2020

Abstract

The COVID-19 virus impacts many facets to American Society. Included in this article is discussion of the effects of the Unified Budget Act (UBA), in how future liabilities may not be considered enough, by political actors. This article explains the influences of COVID-19 virus on federal tax revenues, and the debt to GDP ratio.

Keywords: United States national debt; Unified budget act; Debt to GDP ratio; COVID-19 Virus

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