Imagine the federal government has a national debt of $12.6 trillion. Congress's budget for the coming year includes a spending projection of $5.1 trillion.
Tax revenue is expected to be $4.8 billion. Which fiscal policy should Congress adopt to avoid increasing the national debt?
O Lower taxes.
O Increase funding.
O Decrease spending.
O No change is necessary.

Question

07-12-2022
Social Studies

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Imagine the federal government has a national debt of $12.6 trillion. Congress's budget for the coming year includes a spending projection of $5.1 trillion.
Tax revenue is expected to be $4.8 billion. Which fiscal policy should Congress adopt to avoid increasing the national debt?
O Lower taxes.
O Increase funding.
O Decrease spending.
O No change is necessary.

Sagot :

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