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Federal Budget Deficit
The shortfall when the federal government's expenditures exceed its revenues within a fiscal year.
Federal Budget Deficit
The financial situation where the federal government's expenditures exceed its revenues in a given fiscal year.
National Debt
The total amount of money that a country's government has borrowed by various means.
Fiscal Policy
Government policies concerning taxation and spending that are aimed at influencing economic conditions, including promoting economic growth, controlling inflation, and reducing unemployment.
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