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  • Government - Frequently Asked Questions about the Public Debt
  • Federal Budget - Spending and The National Debt - The US federal debt exceeds $8 trillion; the value of our entire national output of goods and services (GDP) in 2004 was only $12 trillion. The debt is growing due to deficit spending, which has reached record levels under this administration. Explore issues surrounding the federal budget, from tax reform to the federal debt, from budget proposals to expenditures