Why Trump and Harris Aren’t Talking About the $1.8 Trillion Deficit
The Journal.
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The Cycle of National Deficits
This chapter examines the national deficit, detailing how government spending surpasses revenue and the implications of this borrowing cycle. It provides historical context, tracing the evolution of deficits, the political movements surrounding them, and the economic conditions that led to both surpluses and subsequent deficits in the U.S.
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