America's National Debt: Examining the Facts

This indispensable resource provides readers with a clear and unbiased understanding of the national debt and its relationship to the U.S. economic system. The book addresses the foundations and major elements of America's budgetary process, details how government taxing and spending priorities impact the nation's debt, explains the difference between deficits and debt, and summarizes dominant conservative and liberal economic perspectives on the national debt and related fiscal issues.

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