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What is the difference between government deficit and debt?
Debt is the total amount of money owed by the government that has built up over years
Debt rises when there is a deficit, and falls in those years when a government spends less than its income
https://t.co/902NPByNzt https://t.co/bDhRmekR3Z
Debt is the total amount of money owed by the government that has built up over years
Debt rises when there is a deficit, and falls in those years when a government spends less than its income
https://t.co/902NPByNzt https://t.co/bDhRmekR3Z