Changes

In [[economics]], '''fiscal recapture''' refers to the ability of a [[government]] to obtain [[income]] from the same entities to which it owes borrowed [[funds]]. In the [[United States]], the [[Federal]] Government has a unique ability known as "full fiscal recapture," meaning that, barring [[debt]] that is purchased by foreign nations or investors, all U.S. debt is held by bondholders who are also U.S. [[tax]]payers. For this reason, the U.S. Government cannot go [[bankrupt]], as it will always have the power to repay any [[debt]]s that it owes (hence the common belief that buying U.S. [[debt]] is the "safest investment in the world"). <ref>http://www.practicalmachinist.com/vb/archive/index.php/t-125242.html</ref>

In [[economics]], '''fiscal recapture''' refers to the ability of a [[government]] to obtain [[income]] from the same entities to which it owes borrowed [[funds]]. In the [[United States]], the [[Federal]] Government has a unique ability known as "full fiscal recapture," meaning that, barring [[debt]] that is purchased by foreign nations or investors, all U.S. debt is held by bondholders who are also U.S. [[tax]]payers. For this reason, the U.S. Government cannot go [[bankrupt]], as it will always have the power to repay any [[debt]]s that it owes (hence the common belief that buying U.S. [[debt]] is the "safest investment in the world").<ref>http://www.practicalmachinist.com/vb/archive/index.php/t-125242.html</ref>

==Limitations of Fiscal Recapture==

==Limitations of Fiscal Recapture==