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the debt is 15 trillion the defict is what they need to break even

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Q: What is the difference between the federal dept and the federal deficit?
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What is the difference between deficit and public dept?

The annual deficit is the amount of money the government is losing every year: basically, how much it spends beyond what it makes. The national debt is the sum of all the annual deficits combined.


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credit is money and dept is where you owe someone or the bank alot of money did this help you?


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A Branch of government is a governing entity concerned with a specific category of government service. Such as: National Park Service, US Dept. of Education, State Agriculture Dept., State parks Dept., Municipal Clerk, County Engineer ... etc. A Level of government refers to both the magnitude of a governing entity's jurisdictional authority as well as the extent of it's geopolitical territory. Such as: City, County, State, Federal.


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