Fill in the Blank Question Suppose that the government runs a budget deficit of $75 billion in year 1. Assume that the year began with a national debt of $25 billion. In year 2 the government ran a budget surplus of $50 billion. In year 3, the government spent $100 billion more than it collected in taxes. The debt is $ billion. (Answer only in number. Do not add any units to your answer) Need help? Review these concept resources