The size of the debt will begin to shrink if the federal government balances its budget.
Whenever there's a budget deficit,the national debt increases.Therefore,the debt would cease to grow if the federal government balanced its budget.
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Q123: The issuance of new debt in payment
Q124: Externally held debt refers to that part
Q125: Because the government must pay interest on
Q126: When deficits are run continuously with a
Q127: The opportunity cost of government purchases is
Q129: Rising interest rates can cause crowding out,but
Q130: A budget surplus can be used to
Q131: The ratio of the debt to GDP
Q132: External financing allows the economy to consume
Q133: The true burden of the internal debt
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