If the Current U

question 13

Essay

If the current U.S. deficit remains high, what options are available to Congress and the President?

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Definitions:

Issuing Firm

An entity, typically a corporation, that offers securities or stocks to the public for the first time, typically through an initial public offering (IPO).

Equity Share

A share of ownership in a company, which entitles the shareholder to a claim on part of the company's assets and earnings.

Private Debt

Debt financing obtained from private sources rather than through a public market, often used by companies for growth or as an alternative to bank loans.

Financial Strength

A measure of a company or individual's ability to manage their debts and meet financial obligations.