b. What is the current size of the national debt? A good source is the US Treasury at FiscalData.Treasury.gov How much of the total debt does the government owe to itself (intragovernmental holdings)? How much of the debt is owed to the public? Is the current national debt Big? Explain how we would know. 2. During the Great Recession of 2008-2010, the US federal government had large budget deficits (close to 10% of GDP). a. Explain how those budget deficits might have helped bring an end to the Great Recession. b. Explain how those large budget deficits might be harmful in the long run