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What is a federal budget deficit and how would you reduce (eliminate) it How is a...

What is a federal budget deficit and how would you reduce (eliminate) it

How is a federal budget deficit related to a national debt?

What is the current level of the U.S. national debt? Which, is a heavier burden on the U.S. economy, the federal budget deficit or a national debt? why?

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A federal budget deficit occurs when a government's total expenditures exceed the revenue that it generates, exclusive of the money from borrowings. In fiscal 2018 it has surged to $779 billion due to the tax cuts thus causing the government to borrow more heavily in order to cover its spending. Different policies to reduce a budget deficit includes reducing the government spending; increasing taxes; bailout from an international organisation; promoting economic growth. The best approach is to use a combination of policies; and targeting for positive economic growth

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