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What is the difference between the national debt and the federal deficit?
Wiki User
∙ 14y ago
national debt- total amount of money the federal government has arrowed and has yet to pay back. the national debt is how much the economy//government//we owe back. yet will still be paid.
federal deficit- a short fall between the amount of revenue the government takes in and the amount it spends. federal deficit will not be paid back. but the amount of money the economy//government//we owe. they will never see the money because it just keeps getting spent.
Wiki User
∙ 14y ago
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What is the difference between the federal dept and the federal deficit?
the debt is 15 trillion the defict is what they need to break even
Will national healthcare increase the federal deficit?
Yes, national healthcare simply increase the federal deficit. I guess that that's just reality
Does the federal deficit add to the federal debt?
A budget deficit can lead to more borrowing thereby impacting on the national debt
What is the relationship between the demand-side and the federal budget deficit?
Describe the relationship between demand-side economics and the federal budget deficit.
Did the US have a federal deficit or surplus in 1998?
The United States had a federal surplus in 1998. There was a surplus until 2001, but after 2001, the country has had a national deficit.
What is the us deficit?
The difference, on a yearly basis, between the budget (expenses) for the federal government of the United States and revenues (income). When the expenses are more than the income, the difference is called the deficit. When the income is more than the expenses, the difference is called a surplus.
The Federal deficit has reached into the trillions of dollars.?
The federal deficit is in the trillions of dollars and has been for awhile. As of April 2014, the deficit is at $17,555,437,713,940.
Did the federal deficit has reached into the trillions of dollars?
The federal deficit is in the trillions of dollars and has been for awhile. As of April 2014, the deficit is at $17,555,437,713,940.
What is the key difference between the federal budget and individual state budgets?
Federal a national budget with funds to support the military, and federal programs. The state budget is only for that state.
When the federal government spends more money than it takes in it borrows money to make up the difference. what is this called?
Various things; The national debt The deficit Public borrowing Public debt Carelessness Irresponsibility
When the federal government spends more money than it takes in it borrows money to make up the difference what is this called what?
Various things; The national debt The deficit Public borrowing Public debt Carelessness Irresponsibility
What is the federal government spends more money than it takes in it borrows money to make up the difference. What is this called?
Various things; The national debt The deficit Public borrowing Public debt Carelessness Irresponsibility
