Examlex
________ is defined as a discourse on ethical accountability in which discussants represent all who will be affected by the decision, pursue discourse in a spirit of seeking the common good, and are committed to finding universal standards.
Federal Deficits
The financial situation in which a government's expenditures exceed its revenues within a given fiscal year, leading to borrowing or the issuance of debt.
Deficit Financing
The practice of funding government operations beyond the amount raised through taxation and other revenues by issuing debt or creating new money.
Peacetime Deficit
A government budget deficit that occurs during periods without active warfare, indicating expenditures exceed revenues.
Federal Budget
An estimate of government revenue and expenditure for a specific fiscal year.
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