Unformatted text preview: Well, you are going to get your chance at balancing the federal budget. We will also discuss public debt, such as the federal deficit and the national debt, and compare that to the nation’s private debt. Private debt is the amount of money most of you and I owe on credit cards, auto loans, mortgages, etc. We will find that many of our fellow citizens have difficulty balancing their own budgets. 9...
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- Fall '10
- United States public debt, Federal deficit, private debt, balanced federal budget