Chapter23: Federal Deficits, Surpluses, And The National Debt
Section: Chapter Questions
Problem 8SQP
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- Look into the current level of the national debt and the federal deficit in the U.S. Pick any government program and research how much the U.S. spends on it. Does the amount surprise you? What might happen if the budget for the program were increased or reduced? Should the current deficit and debt be cut down? What would be some pros and cons of reducing them?
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