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

Policy Fundamentals: Deficits, Debt, and Interest. Deficits (or Surpluses) Three budget that is important are deficits (or surpluses), debt, and interest. The federal budget deficit is the amount of money the federal government spends minus the amount of revenues it takes in for any given year. The deficit drives how much money the us government…
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