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11 November, 04:18

How are national debt and deficit related?

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  1. 11 November, 04:26
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    Deficit is the budget between the government spending and the income of the government in 1 year. National Debt is the collected budget deficit for every single year ever since the country existed. So that shows that the budget deficit of the budget planner of any country is related to the national debt of the U. S.
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