Between the Troubled Asset Relief Program and the American Recovery and Reinvestment Act,the Federal budget deficit
A)doubled
B)tripled
C)stayed the same
D)was cut in half
E)quadrupled

Question

Quizplus · Accepted Answer

The Troubled Asset Relief Program (TARP) and the American Recovery and Reinvestment Act (ARRA) both involved significant government spending, which contributed to an increase in the federal budget deficit. While both programs were intended to address economic issues, they also added to the debt. The deficit more than tripled between 2008 and 2009 largely due to the implementation of TARP and ARRA.