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  • 04-04-2018
  • Business
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how does deficit spending increase the size of the national debt?

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Luna951
Luna951 Luna951
  • 04-04-2018
A budget deficit is when spending is greater than the revenue received for that year. That's known as deficit spending. The national debt is the accumulation of each year's deficit. ... In the US the Treasury must sell treasury bonds to raise the money to cover the deficit
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