Important Notice: Our web hosting provider recently started charging us for additional visits, which was unexpected. In response, we're seeking donations. Depending on the situation, we may explore different monetization options for our Community and Expert Contributors. It's crucial to provide more returns for their expertise and offer more Expert Validated Answers or AI Validated Answers. Learn more about our hosting issue here.

What is the Cause For the National Debt?

0
Posted

What is the Cause For the National Debt?

2

National debt is also known as government or public debt and is the money owed by the government of the country, whether federal, central, municipal or even local government. As the government represents the people, the national debt is in fact the debt of the taxpayers. The national debt is paid off directly by a certain portion of the taxes that people pay.

Related Questions

Thanksgiving questions

*Sadly, we had to bring back ads too. Hopefully more targeted.