National Debt
View Paper
ESSAY DETAILS
Words: 604
Pages: 2
(approximately 235 words/page)
Pages: 2
(approximately 235 words/page)
Essay Database > Literature > English
…
showed first 75 words of 604 total
Sign up for EssayTask and enjoy a huge collection of student essays, term papers and research papers. Improve your grade with our unique database!
showed first 75 words of 604 total
showed last 75 words of 604 total
…In summary, the national debt is a function of a government spending more than it takes in taxes. In order to not penalize future generations, this situation cannot continue. Prior to the 1960s, Americans followed a debt-free practice, except in times of major war threats. The United States now faces a national debt totaling more than $5 trillion dollars. Instead of boasting about deficit surpluses, the government should aim to reduce the national debt whenever possible.
…In summary, the national debt is a function of a government spending more than it takes in taxes. In order to not penalize future generations, this situation cannot continue. Prior to the 1960s, Americans followed a debt-free practice, except in times of major war threats. The United States now faces a national debt totaling more than $5 trillion dollars. Instead of boasting about deficit surpluses, the government should aim to reduce the national debt whenever possible.
