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there is a recession
a federal budget deficit
the govt spends more than they have
The federal government purchases exceed net taxes.
Subtracting government tax revenue plus government borrowing from government spending in a particular year.
there is a recession
A deficit.
There is a federal budget deficit.
a federal budget deficit
1. Federal Government deficit financing may have a very great influence on monetary and credit conditions.
1. Federal Government deficit financing may have a very great influence on monetary and credit conditions.
The United States federal government has had a budget deficit since World War 1. Historically, any war that the United States is involved in leaves a big deficit.
the govt spends more than they have
Deficit Financing
The federal government purchases exceed net taxes.
Deficit plan
Subtracting government tax revenue plus government borrowing from government spending in a particular year.