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In all but 7 years since 1930, the federal government has operated at a budget deficit, meaning that it has spent more money than it has received in revenue. This trend has led to an accumulation of national debt, raising concerns about fiscal sustainability and economic stability. Factors contributing to these deficits include increased government spending on social programs, military expenditures, and economic stimulus measures, particularly during recessions. Balancing the budget remains a contentious issue in U.S. politics.

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3w ago

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