If the national debt is rising,the federal budget deficit

Question

Quizplus · Accepted Answer

If the national debt is rising, it indicates that the government is borrowing more, but the federal budget deficit could still be falling if the rate of borrowing decreases compared to previous periods. The deficit refers to the difference between what the government spends and what it earns in a given year, and it can decrease even if the government continues to borrow money, as long as it borrows less than before.

If the National Debt Is Rising,the Federal Budget Deficit