Chronic budget deficits can be attributed to

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Chronic budget deficits occur when government spending consistently exceeds revenue. One reason for this can be attributed to voters wanting government programs but not wanting to pay taxes, meaning that politicians have to constantly increase spending to appease their constituents. This leads to a cycle of deficit spending and an accumulation of debt. Unfunded liabilities, inappropriate monetary policy, and state budget laws can also contribute to budget deficits, but the most prevalent cause is the desire for government programs without wanting to pay for them.

Chronic Budget Deficits Can Be Attributed to