Tag Archives: Outlays

What is the Debt Subject to Limit?

Opinion by Patricia L Johnson The Debt Subject to Limit is “the maximum amount of money the government is allowed to borrow without receiving additional authority from Congress”, not to be confused with the deficit. The deficit is the fiscal … Continue reading

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Facts Behind Current U.S. Deficit

Opinion by Patricia L Johnson You know how it works, in one hand you have your checkbook showing your last deposit and in the other hand a stack of bills. You see the advertisement on TV showing just how many … Continue reading

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