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What else can I help you with?
Who controls the level of national debt?
The level of national debt is controlled by Congress in the United States.
How many times has Obama raised the national debt ceiling?
The President cannot raise the debt ceiling. Only Congress can do that.
What makes up the largest portion of uncontrollable spending in the national budget?
The largest portion of uncontrollable spending in the federal budget is the spending that Congress approves.
Is there a constitutional limit to the size of the national debt?
There is no constitutional limit on the size of the national debt. Congress establishes a limit above which the debt cannot go. However, it periodically raises this limit as the need for more spending arises.
Wealthiest families should pay national debt?
no
What was the national debt in 1791?
the national debt was something used to create national debt
What did hamilton propose to help erase the nation's debt?
Alexander Hamilton drafted his First Report on the Public Credit to outline a plan for eliminating the national debt. He did this at the request of Congress in order to pay of the debt and establish national credit.
What is the address where you send your payment to?
The address of the person or organisation to whom you owe the debt. The address to which the payment should be sent should be somewhere on the bill or invoice. If it's not, then you should contact the creditor for the correct address.
What is a history sentence for national debt?
National debt refers to the total amount of money that a country's government has borrowed and owes to creditors. Throughout history, nations have accrued debt to finance wars, stimulate economies, and address crises. For example, in the aftermath of World War II, many countries significantly increased their national debt to rebuild their economies. The management and implications of national debt continue to shape economic policies and discussions worldwide.
Did the war left congress in debt?
Yes, wars often leave Congress in debt due to increased military spending and the need to finance military operations. This can lead to budget deficits, requiring Congress to borrow funds or increase national debt to cover expenses. Additionally, the long-term economic impacts of war can strain federal resources, further complicating fiscal responsibility.
National debt in 2003?
What was the national debt in 2003?
Why should the size of the national debt be a concern to all Americans?
Because we pay for it
