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

Policy Fundamentals: Deficits, Debt, and Interest. Deficits (or Surpluses) Three crucial spending plan principles are deficits (or surpluses), financial obligation, 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 the money the federal government […]