If the federal government is running a budget deficit, it will most likely borrow to fund the current overspending.

Name: If the federal government is running a budget deficit, it will most likely borrow to fund the current overspending.
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When the federal government runs a budget deficit, meaning its expenditures exceed its revenues, it typically borrows money to cover the gap. This borrowing is often done through the issuance of government securities, such as Treasury bonds, notes, and bills.

If the Federal Government Is Running a Budget Deficit, It