Examlex
Support for the Tariff of 1816 came primarily from the South.
Debt Ceiling
A limit on the total amount of money the federal government can legally borrow.
Defense Spending
Government expenditure on military and defense-related activities, including salaries, equipment, operations, and research and development.
Budget Deficit
A financial situation where a government's expenditures exceed its revenues over a specified period, leading to borrowing or debt accumulation.
National Debt
National Debt is the total amount of money owed by a country's government to creditors, which can result from borrowing to cover budget deficits.
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