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congress
What else can I help you with?
Who is responsible for the federal government borrowing?
bobo
What creates local government?
The State Government Creates the Local govt. The Federal creates The State!
How a government might finance its expenditure?
tax, revenue from government enterprises and tariffs, government borrowing, selling government businesses.
When did the US government start borrowing money from China?
The Iraq War
Which branch of government is in charge borrowing and spending money in the US?
Congress
Why is government borrowing from trust funds different from privately-owned debt?
Government borrowing from trust funds, such as Social Security or Medicare, differs from privately-owned debt because it involves internal transactions within the government rather than borrowing from external entities. Trust fund borrowing is essentially a way to reallocate funds that have already been collected from taxpayers, while privately-owned debt involves obligations to external lenders or investors. Additionally, trust fund borrowing does not impact the government’s overall debt burden in the same way as borrowing from private sources, as it reflects a commitment to future payment rather than a cash outflow.
The federal budget deficit is found by?
Subtracting government tax revenue plus government borrowing from government spending in a particular year.
Who creates government?
State Government
A government borrowing money is an example of which type of power?
Concurrent Powers
How is government funded and raises money?
through taxes and borrowing from other countries
To what extent should government borrowing be a cause for concern?
Government borrowing can be a concern when it leads to unsustainable debt levels, potentially hindering economic growth and increasing the risk of default. However, borrowing can be justified if it finances productive investments that stimulate the economy. The key is to maintain a balance, ensuring that debt remains manageable relative to GDP and that borrowing serves long-term economic goals rather than merely funding current expenditures. Ultimately, the implications of government borrowing depend on the context, including interest rates, economic conditions, and the purpose of the debt.
Who creates the government?
bob did
