If the federal government spends more than it takes in as revenue in a single year, it adds to the __________.

Question

Quizplus · Accepted Answer

If the federal government spends more than it takes in as revenue in a single year, it adds to the country's deficit. The deficit is the amount of money the government borrows to cover its expenses. This can lead to an increase in the national debt, which is the total amount of money the government owes.

If the Federal Government Spends More Than It Takes in as Revenue