Each year the federal government spends more money than it takes in from revenue, as it has since the late 1990s.The difference is added to the _________________, or the total amount of money owed by the U.S.government, which sat at $20 trillion in late 2017.

Question

Quizplus · Accepted Answer

The national debt is the total amount of money owed by the U.S. government, which increases when the government spends more than its revenue.

Each Year the Federal Government Spends More Money Than It