Which of these contributes to a budget deficit? Buying bonds and decreasing spending on federal programs Decreasing taxes and increasing spending on federal programs Increasing taxes and buying bonds Decreasing spending on federal programs and increasing taxes
Medals!
Budget deficits is what? When your blank is higher than your blank? Income lower than your spending. So what can it be? A surplus is when you spend less than your intent. A deficit is more than.
I'd say B. Taxes (revenue taxes help the government pay for programs and such the most) help the government pay for important items like common goods, and such. However, if we limit our taxes and INCREASE our savings, that isn't a good budget to have. Eventually leading to DEFICIT.
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