A budget deficit occurs when government expenditures exceed government revenues.
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Q11: During boom times a tendency exists for
Q12: The national debt refers to the amount
Q13: Financing government spending by issuing money will
Q14: Indexing the alternative minimum tax to inflation
Q15: The portion of the debt that the
Q17: If outlays exceed receipts there is a
Q18: The CBO baseline forecast is a good
Q19: The Federal budget is a statement of
Q20: The unified budget includes the Social Security
Q21: The Social Security portion of the budget
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