Deficit and Debt

Содержание

1. Deficit and Debt
2. Main opinions A budget deficit occurs when spending is greater than the
3. How the U.S. Deficit and Debt Are
4. How Debts and Deficits Affect the EconomyIn
5. !WARING!Rising debts and deficits may endanger Social
6. Thank you for attention!
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Main opinions A budget deficit occurs when spending is greater than the revenue received in that year. When spending exceeds revenue, it's called deficit spending.The national debt is the accumulation of each year's deficit.When revenue exceeds spending, it creates a

Слайды и текст этой презентации

Слайд 1Igor Kupriyanovich
Polina Novikova
GMU3-4

Deficit and Debt

Слайд 2Main opinions
A budget deficit occurs when spending is greater than the revenue received in

that year. When spending exceeds revenue, it's called deficit spending.
The national debt is

the accumulation of each year's deficit.
When revenue exceeds spending, it creates a budget surplus. A surplus reduces the debt.

Main opinions A budget deficit occurs when spending is greater than the revenue received in that year. When spending exceeds revenue, it's

Слайд 3How the U.S. Deficit and Debt Are Different
The U.S. budget deficit was

$211 billion in August 2018. That's much lower than the

record high of $1.4 trillion reached in FY 2009.
The U.S. debt exceeded $22 trillion on February 11, 2019. That's more than triple the $6 trillion debt in 2000.

How the U.S. Deficit and Debt Are DifferentThe U.S. budget deficit was $211 billion in August 2018. That's much

Слайд 4How Debts and Deficits Affect the Economy
In the long run,

debt can damage the economy because of higher interest rates.

Other issues occur if the U.S. government lets the value of the dollar fall. One effect is that the debt repayment will be in cheaper dollars. As this happens, foreign governments and investors become less willing to buy Treasury bonds, which forces interest rates even higher.