What happens when federal spending exceeds revenue in a year? a.) The national debt decreases. b.) Congress

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What happens when federal spending exceeds revenue in a year? a.) The national debt decreases. b.) Congress cuts spending the next year. c.) There is a budget deficit. d.) Congress raises taxes to balance the budget

Posted Date: Jun 11, 2024 10:13 AM

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What happens when federal spending exceeds revenue in a year? a.) The national debt decreases. b.) Congress

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