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Debt rises when the U.S. spends more than it earns from taxes and other revenue. The public debt results from tax and spending policies that commonly garner ...
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The national debt is the total that a country owes to its creditors. This includes debt held by the public and intragovernmental debt in the United States.
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Governments have options to reduce national debt, which include raising taxes and cutting spending.
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The debt-to-GDP ratio measures the proportion of a country's national debt to its gross domestic product.
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When a government spends more than it brings in as tax revenue, it often must issue debt in the form of government bonds to raise more.
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The list of names and amounts of U.S. debt held by the five foreign countries that own the most and why.
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The national debt is composed of distinct types of debt, similar to an individual whose debt may consist of a mortgage, car loan, and credit cards.
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