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The government borrows money just like any other person would borrow money, they might need it for projects, maybe for bail outs or anything they are doing , go to http://bussinessmouse.googlepages.com
Wiki User
∙ 14y ago
Wiki User
∙ 10y agoBusinesses and governments borrow funds to pay off debts that made with higher interest rates than current rates. Thus, payments for the same amount of debt are reduced. Businesses and governments borrow money to fund new projects. A business that wishes to build a new warehouse will borrow the funds needed to do so. In government, the opening of a new office to house IRS agents, may require special funding, thus money is borrowed to build it.
For individuals, money is often borrowed via a mortgage contract to buy a new home.
Wiki User
∙ 11y ago1. To meet the costs of short-and long term crisis situations.
2. To finance large scale projects that could not be paid for out of current income.
3. Deficit financing.
Wiki User
∙ 12y agobecause none of the people in congress understand third grade math.
Wiki User
∙ 10y agoThere are multiple reasons why the US government borrows money from other countries. The biggest reason being, as a country the United States is broke.
Wiki User
∙ 10y agoThe government takes loans in order to pay for all its costs. Taking care of a country is not a cheap responsibility.
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Why did the US borrow money from china?
Because the people in power are stupid.
When you buy a US Savings Bond you are doing so under the power given to congress to A regulate commerce B levy taxes C print and coin money D borrow money?
BORROW MONEY
How did the US government borrow money from individual citizens during the Revolutionary War?
bonds
Why did merchants need to borrow money to launch overseas trading ventures?
Because they just did
Can state governments borrow money?
yes state can borrow money from union and even outside the country
Condgress can borrow money by sellings US savings bonds?
congress can borrow money from the saving bonds
Whom should you at the bank if you need to borrow money answer key?
whom should you see at the bank if you need to borrow money? worksheet answer key
Who decides how much money the government has to borrow?
Nobody decides how much money the government has to borrow. When the government wants to borrow money it has to issue or create debt with the US Treasury.
Can a trust with no cash get a loan on the trust property value to pay for burial and other related expenses?
The authority to borrow money must be granted in the trust document. You need to review it.The authority to borrow money must be granted in the trust document. You need to review it.The authority to borrow money must be granted in the trust document. You need to review it.The authority to borrow money must be granted in the trust document. You need to review it.
What does a company need to do to borrow money?
Capital or credit.
How does congress borrow money from the people of the US?
through taxes
If you need more money where do you get it from?
Borrow it, get a job, do chores, etc.
Why did the US borrow money from china?
Because the people in power are stupid.
Is good credit required to get a quitclaim deed transfer?
You don't need good credit to be the grantee in a quitclaim deed but you do need good credit to borrow money to buy the property.You don't need good credit to be the grantee in a quitclaim deed but you do need good credit to borrow money to buy the property.You don't need good credit to be the grantee in a quitclaim deed but you do need good credit to borrow money to buy the property.You don't need good credit to be the grantee in a quitclaim deed but you do need good credit to borrow money to buy the property.
What is the cost of borrowing for large us corporations?
When corporations borrow money they usually borrow from investors. When they do this, they are selling pieces of their business.
Who should you see at the bank if you need money to borrow?
a loan officer
Who should you see at the bank if you need to borrow money?
The Loan Arranger
