Question:

Difference between federal debt and deficit?

by  |  earlier

0 LIKES UnLike

Please just give a short, concise answer. Also, approximately, what is the yearly budget of our federal government? Best answer gets 10 points!

 Tags:

   Report

2 ANSWERS


  1. Federal debt, is all the golfing trips, wine and dine parties, and crooks lining their pockets. Deficit debt, is what us hard working slaves, are trying to pay off generation after generation. Anyway that is how my Grandfather explained it to me. LOL


  2. Yearly spending deficits add up each year to become national debt.

Question Stats

Latest activity: earlier.
This question has 2 answers.

BECOME A GUIDE

Share your knowledge and help people by answering questions.