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Earn +20 ptsQ: Does the federal deficit add to the federal debt?
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Continue Learning about American Government
How does deficit financing add to the public debt?
deficit financing adds to public debt because it is regularly spending more than it takes in each year-and then borrows to make up the difference.
What is the federal deficit by yearl?
2001thru2012
What is the main cause for US debt?
At its simplest definition, if the government spends more then it gains, in a single year, then it has, what is called a 'budget deficit'. If there is a deficit, it adds to the US debt.
The federal deficit continues to rise?
true ;
Is a home mortgage debt considered a federal debt?
No. A federal debt is a debt that is owned to the federal government. A home mortgage is a debt that is owed to the lending agency, be it a bank, a mortgage company, etc.
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