The accumulation of each year's deficit, or how much the U.S. government owes is referred to as ______.

Name: The accumulation of each year's deficit, or how much the U.S. government owes is referred to as ______.
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The accumulation of each year's deficit, or how much the U.S. government owes, is referred to as the national debt. This is because the national debt represents the total amount of money that the government has borrowed over time to cover annual budget deficits.

The Accumulation of Each Year's Deficit, or How Much the U.S