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Budget Deficits
The amount by which government spending exceeds its revenue over a specified period, leading to a need for borrowing or currency printing.
Federal Budget Deficit
The shortfall when a government's total expenditures exceed its total revenue for a specific fiscal period, leading to borrowing or the depletion of reserves.
National Debt
The cumulative sum of money borrowed by a country's government through different channels.
National Debt
The total amount of money that a country's government has borrowed, by various means.
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