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Policy Essentials: Deficits, Debt, and Interest. Deficits (or Surpluses)

Policy Essentials: Deficits, Debt, and Interest. Deficits (or Surpluses) Three budget that is important are deficits (or surpluses), financial obligation, and interest. For just about any provided 12 months, the federal spending plan deficit could be the sum of money the government spends minus the number of profits it can take in. The deficit drives …