Huge federal government deficits have made put many Treasury bonds in default.

Name: Huge federal government deficits have made put many Treasury bonds in default.
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Question

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Federal government deficits may increase the national debt, but they do not cause Treasury bonds to default. The U.S. government has the ability to print money and raise taxes to pay back its debts, making Treasury bonds one of the safest investments in the world.

Huge Federal Government Deficits Have Made Put Many Treasury Bonds